Business
India signs $100 mn ADB loan to support Kerala scheme
New Delhi: India has signed an agreement with the Asian Development Bank for a loan of $100 million to support Kerala’s initiative to increase employability of higher secondary and undergraduate students, an official statement said here Friday.
It will aim at providing opportunities to students to improve their English fluency and IT skills.
Nearly 235,000 needy students in Kerala will benefit under the program during 2014-18.
“This $100 million loan for supporting Kerala’s Additional Skill Acquisition Program (ASAP) is the first Results Based Lending (RBL) facility from ADB in India,” the statement said.
“The RBL modality, the first time being used in India, will reinforce country systems, incentivise results, and reduce transaction costs. This loan provides a replicable model for other states that are facing the problems of low youth employability and high unemployment,” Tarun Bajaj, joint secretary, Department of Economic Affairs, Ministry of Finance, said.
A capacity building technical assistance of $1.5 million, financed by the Japan Fund for Poverty Reduction, was also signed on this occasion.
M. Teresa Kho, country director, Asian Development Bank, said by offering 180 hours of foundation training in communication English and basic IT, and 120-520 hours of vocational training to high school and undergraduate students, after class and during vacations, ASAP will make them “market ready” by the time they graduate.
The ASAP Secretariat has already enrolled more than 16,000 students and started offering vocational training in 70 market-relevant courses.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.