Jayant Chaudhary has launched a campaign to establish a Skills Outcomes Fund, a first-of-its-kind initiative aimed at linking skilling investments directly to verified employment outcomes while unlocking livelihood opportunities for youth from low-income backgrounds.
The proposed fund, to be anchored by the National Skill Development Corporation under the Ministry of Skill Development and Entrepreneurship, will mobilise blended finance by combining government support with private and philanthropic capital. The initiative is positioned to become the world’s largest outcomes-based financing (OBF) programme in skilling, building on India’s leadership highlighted at the Outcomes Finance Alliance Summit 2026.
Chairing a funder roundtable hosted by the British Asian Trust, Chaudhary said the fund will ensure that skills translate into “real opportunities” through measurable outcomes such as job placement, retention, and career progression. Officials, including MSDE adviser Manisha Sensarma and NSDC CEO Arunkumar Pillai, emphasised that the model strengthens accountability and aligns incentives across stakeholders.
The fund builds on the ₹130 crore Skill Impact Bond, which has trained over 34,000 youth across 21 states with strong certification, placement, and retention rates, surpassing national benchmarks. It will focus on high-growth sectors such as IT-ITeS, BFSI, healthcare, logistics, automotive, green jobs, and electronics, supported by a wide network of corporate and philanthropic partners.
In Guwahati, the outcomes-based model could strengthen workforce readiness in emerging sectors like logistics, retail, and healthcare. With rising urban demand and expanding service industries, the fund is expected to help align training with employer needs, improve job placements, and enhance income opportunities, contributing to sustained growth in Assam’s largest commercial hub.
