At the Kaushal Manthan - Regional Conference of Skill Ministers in Kolkata, the Government of Madhya Pradesh and the National Skill Development Corporation (NSDC) exchanged an MoU to support international skilling for youth from the OBC community.

The initiative introduces an innovative blended financing model involving the listing of Zero Coupon Zero Principal instrument on the Social Stock Exchange and Outcome-Based Funding through bilateral Social Impact Bond Agreement between NSDC (Risk Investor) and MP Government (Outcome Funder), creating a new approach to supporting skilling outcomes and sustainable impact.

Through the programme, youth from Madhya Pradesh will be trained in foreign languages and prepared for international opportunities in Japan and Germany, particularly across high-demand sectors such as caregiving, hospitality, construction, manufacturing and allied industries.

A significant step towards enabling international skilling and expanding global opportunities for the youth of Madhya Pradesh.