Skill Impact Bond

Impact bond

Source

Operating model

Outcomes-based skilling, placement & retention bond

Primary outcome

3-month job retention, women's employment

Main funders

MSDF, CIFF, HSBC India, JSW Foundation, Dubai Cares, FCDO, USAID

Delivery partners

NSDC + training partners + employers

Evidence owner

Social Finance Lead

Reporting audience

SIB coalition + Social Finance Committee

Current risk

Cohort 4 & 5 retention verification pending

Next deadline

5 Aug 2026 — retention verification

Outcomes Finance Agent: Skill Impact Bond placement and retention metrics are strong; outcome-payment readiness is limited by pending retention verification for two demo cohorts.

Status

Active / mature

Theme

Livelihoods / Skilling / Employment

Geography

India; 21 states / multiple sectors

Target group

Young Indians, especially women

Core model

Outcome-based skilling, job placement and three-month retention

Why this matters to BATIndia's skilling system pays for training, not jobs. The Skill Impact Bond shifts the unit of value to retained employment — especially for young women — and proves the contracting model needed for national scale.

Report readiness

Donor report82%

Evidence complete80%

Metrics verified88%

Missing partner updates2

AI recommendation: Trigger evaluator memo and chase 2 partners before payment sign-off.

Linked funds

Social Finance — NSDC / Skill Impact Bond

SIB coalition funders

Verification pending

$2.70m64% utilised

Next best actions

Request retention evidence from 2 Skill Impact Bond training partners.

Confirm OPM sampling plan and verification timeline.

Mark synthetic price-per-job metric clearly as demo in funder note.