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Skills Outcomes Fund Launched by Jayant Chaudhary: NSDC

10 April 20261 min read
GOVERNMENT SCHEMESSkills OutcomesFund Launched byJayant Chaudhary:NSDC10 April 2026safalsetu.com

Why in the news

Jayant Chaudhary launched the Skills Outcomes Fund (SOF), a new push to raise youth employment by tying skilling directly to job results.

Key facts

  • Name: Skills Outcomes Fund (SOF).
  • Launched by: Jayant Chaudhary.
  • Model: outcomes-based financing (OBF), linking skilling to employment.
  • Implementer: NSDC.
  • Target sectors: IT, BFSI and healthcare.
  • Ambition: grow into the world’s largest OBF programme.

Exam angle

  • Implementing agency: NSDC; financing style: outcomes-based financing.
  • Sectors in focus: IT, BFSI, healthcare.

Test yourself

1. Which agency implements the Skills Outcomes Fund launched by Jayant Chaudhary?

SOF is implemented by NSDC.

2. The Skills Outcomes Fund follows which financing model?

SOF links skilling to jobs through outcomes-based financing.

3. Which set of sectors is targeted by the Skills Outcomes Fund?

The fund targets sectors like IT, BFSI and healthcare.

This topic is part of Daily Current Affairs 10 April 2026 (10 topics).

All topics of the dayDay quizApril 2026

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