rbi speech, 2024-09-03
Financing skilling requirements could combine performance-based investment instruments such as bonds intended to finance development programmes with a pre-agreed social outcome; redeemable skill vouchers enhancing chances of wage employment; private equity/venture capital funding for tech-based training platforms, e-learning start-ups and the like; direct support from multilateral agencies, social and private foundations in the form of social development programmes and projects; and working capital financing, trade receivables discounting systems in tie ups with banks to offer institutional credit to trainees and service providers.
Sentiment: neutral
Topic: mp_economic_activity