Summary

The Assam Skill University is being setup under External Aid Project (EAP) funded by Asian Development Bank. The Department of Economics Affairs, GoI has approved the financial assistance of $112 Million to ADB on 14th November 2019. The value of Project will be $140 Million (approx. Rs. 1,000 Cr) including the state share of 20%. In September 2020, the Assam Legislative Assembly passed the Assam Skill University Act to establish Assam Skill University (ASU) in accordance with the regulations of the Government of India’s University Grants Commission. The Government of Assam envisages ASU to (i) distinguish itself as a premium institution with its campus equipped with state-of-the-art facilities and technologies; (ii) conduct skills education and training integrated with higher education, applied R& D, entrepreneurship education and support; and (iii) raise skill levels to enhance the productivity and competitiveness of industries in Assam and the North Eastern Region.

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