<h1>India & ADB Sign $150M Loan to Establish Global Skills Park in Madhya Pradesh, Boosting TVET and Workforce Skills.</h1> The Government of India and the Asian Development Bank signed a $150 million loan agreement to establish India's first Global Skills Park in Madhya Pradesh. This initiative aims to enhance the state's Technical and Vocational Education and Training (TVET) system, creating a skilled workforce aligned with emerging sector needs. The park in Bhopal will feature advanced training institutes and facilities focusing on manufacturing, service, and agriculture skills, benefiting around 20,000 trainees and trainers. The project also includes modernizing 10 industrial training institutes across the state to better meet industry demands.