Power Finance Corporation Ltd (PFC) has signed a Memorandum of Agreement (MoA) with Indo German Institute of Advanced Technology (IGIAT) for providing financial assistance for various skilling programmes. Under the MoA, PFC will provide Rs 1.44 crore (approx.) to IGIAT for conducting skill development training for 500 unemployed youth belonging to the scheduled caste, scheduled tribe, OBC, PwD, women and EWS categories.
PFC is undertaking this project as part of its CSR programme. Post completion of the training program, 70 per cent of the youth are guaranteed placement (wage/self-employment) by IGIAT.
