<h1>India and Asian Development Bank Sign $80M Loan to Boost Youth Employability in Himachal Pradesh by 2022.</h1> The Government of India and the Asian Development Bank signed an $80 million loan agreement to enhance youth employability in Himachal Pradesh by modernizing technical and vocational education and training (TVET) institutions. The project aims to improve skills in sectors like automobiles, electronics, pharmaceuticals, tourism, hospitality, and banking. It will establish a polytechnic for women, six city Livelihood Centers, seven Rural Livelihood Centers, and upgrade 11 employment exchanges into model career centers. By 2022, the initiative seeks to enhance employment prospects for approximately 65,000 youths by providing market-relevant skills and forging private sector partnerships.