Patna: The Bihar Institute of Public Administration and Rural Development (BIPARD) has signed a Memorandum of Agreement (MoA) with the Indian Railway Finance Corporation (IRFC), a Navratna Public Sector Enterprise under the Ministry of Railways, to launch an employment-linked skill development initiative at the newly established BIPARD Skill Park in Patna.
₹10 Crore CSR Grant to Support Global Skill Training
Under this collaboration, IRFC will contribute a CSR grant of ₹10 crore to fund advanced training programs aimed at providing global certifications in domains such as SAP ERP, CCNA networking, foreign languages, and other industry-relevant skill tracks. The initiative targets 1,275 youth from Bihar, with a focus on underprivileged candidates, ensuring that the training translates into robust employment opportunities in India and abroad.
BIPARD Skill Park: A State-of-the-Art Facility
The BIPARD Skill Park, a first-of-its-kind initiative in Bihar, is designed to offer technology-enabled classrooms, advanced labs, licensed SAP infrastructure, and foreign language training modules. Beneficiaries will also enjoy fully residential facilities, including accommodation, meals, and uniforms provided free of cost, ensuring a holistic learning environment.
IRFC Chairman Highlights Youth Empowerment Vision
Speaking at the signing ceremony, Manoj Kumar Dubey, Chairman & Managing Director of IRFC, said:
“At IRFC, we strongly believe that true nation-building happens when youth are equipped with the right skills to compete on a global stage. This partnership with BIPARD is not just a CSR initiative—it is an investment in Bihar’s future workforce and India’s vision of becoming a global talent powerhouse.”
He added,
“Bihar’s youth possess immense potential. With the right training and exposure, they can become architects of India’s economic growth and ambassadors of our nation’s capabilities across the world.”
Transforming Bihar into a Global Talent Hub
Senior officials from BIPARD and IRFC emphasised that the collaboration aims to bridge the skill gap in the state and enhance workforce participation, supporting Bihar’s vision of becoming a hub for skilled professionals by 2047. By integrating world-class training with placement opportunities, the initiative is expected to have a transformative impact on regional skill development and employment.
About (IRFC)
Indian Railway Finance Corporation (IRFC) is the dedicated financing arm of the Indian Railways. Established in 1986, it mobilizes funds from domestic and international markets to support railway infrastructure, rolling stock procurement, and expansion projects. IRFC plays a key role in financing locomotives, coaches, wagons, and major development initiatives, enabling long-term, low-cost capital for the world’s fourth-largest railway network. It is a Miniratna Public Sector Enterprise and is listed on major Indian stock exchanges.
