STRIVE Full Form

STRIVE Full Form

Edited By Team Careers360 | Updated on Jan 04, 2023 04:34 PM IST

What is the full form of STRIVE?

STRIVE is the abbreviation of Skill Strengthening for Industrial Value Enhancement. This is a project implemented by the Government of India with the assistance of the World Bank. This project aims to improve the efficiency of skill sets by providing training collaborating with Industrial Training Institutes (ITIs). The agreement towards this training was signed between the Government of India and the International Bank for Reconstruction and Development (IBRD) on the 19th of December in 2017 and the closing date of the project is November, 2022. It is a Central Sector Scheme (CSS) with a budget outlay of INR 2200 Crore. This project involves 500 ITIs, including public (400) and private (100) institutions and 100 Industry Clusters (ICs). This program includes long-term vocational training to improve marketing skills and skill development.

Areas Covered

  • Improving ITIs performance.

  • Promote state governments in supporting ITIs training

  • Improving teaching and learning

  • Enhancing and broadening apprenticeship training

Implementation Of Project

Implementation of STRIVE project follows the Program for Result (PforR) instrument. The project results will significantly influence disbursing of funds from the World Bank to the Indian Government. These are also known as Disbursement Linked Indicators (DLIs). Each DLI will have separate segments called Disbursement Linked Results (DLR), and the respective elements' success will help release the fund linked with each DLR.

Current Status Of STRIVE Projects

  • Implemented in 34 States/ UT.

  • Involves the participation of 424 ITIs.

  • Performance Based Grant Agreement (PBGA) signed by 423 ITIs.

  • Female participation increased from 9.7 % to 20.5%.

  • The organisation of various capacity-building workshops.

  • Workshops based on Environmental and social aspects are also conducted.

  • Amount of Rs 466 Crores released.

  • More than 18500 officials are trained under NSQF compliance.

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