Archive · 25 Sep 2025
Karnataka Clears Skill Development Policy with ₹4,432 Crore
The Karnataka government has approved a new plan to help people in the state learn job skills.
This plan will spend over 4,432 crore rupees on projects such as Centres of Excellence and schemes for skill development being implemented by the government.
A portion of the money will be borrowed from the Asian Development Bank.
The goal is to make Karnataka a hub for skilled workers.
Karnataka Cabinet approved the State Skill Development Policy 2025-32.
The policy's total outlay is ₹4,432.5 crore.
₹1,386 crore of the funds will be raised via loans.
Funds are earmarked for projects like Centers of Excellence.
The policy is intended for various skill development schemes.
- Who
- Karnataka Cabinet
- What
- Approved the Skill Development Policy
- When
- Thursday
- Where
- Karnataka
- Why
- To fund skill development projects
- Policy Name
- Karnataka State Skill Development Policy 2025-32
- Approved By
- Karnataka Cabinet
- Outlay
- ₹4,432.5 crore
- Funding Source
- Asian Development Bank (₹1,386 crore)
Sources
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Silicon Beach skills report highlights Karnataka’s talent potential for GCCs and digital economy
Mohandas Pai asks Karnataka govt to replicate ‘Elevate’ model for AI-first start-ups
Proposal for Tech Park in Mangaluru; ₹3,500-Crore plan awaits Cabinet nod
Karnataka’s first skill development policy aims to make state global hub for skilled workforce