WB loan for education projects
In a bid to boost country’s education facilities, the World Bank (WB) has approved two projects worth over Rs 4,800 crore ($ 1.05 billion) for India.
The loan is aimed at expanding the reach of elementary education and improving the quality of engineering education across the country.
“The World Bank today approved two education projects worth $ 1.05 billion for India, designed to boost the number of children enrolling in and completing elementary school, and to improve quality of engineering education across the country,” the Bank said in a statement issued here.
According to the WB, India has made significant progress in meeting its educational goals, especially at the primary level through its 86th constitutional amendment in 2002. India has mandated elementary education as a fundamental right of every child.
The same year, the government also launched the Sarva Shiksha Abhiyan (SSA), a nationwide campaign to take quality elementary education to all children.
