World Bank to provide USD 250 million loan for school learning project in Andhra Pradesh

World Bank to provide USD 250 million loan for school learning project in Andhra Pradesh

Question: India & World Bank inks $250 million loan agreement to improve the quality of learning in the state of –
(a) Andhra Pradesh
(b) Tamil Nadu
(c) Kerala
(d) Karnataka
Answer: (a)
Related Facts:

  • The Government of India has signed a legal agreements with the World Bank worth $250 million for a project to improve quality of learning in the state of Andhra Pradesh.
  • Over 50 lakh students from all grades and stages of school education will benefit from the project, titled “Supporting Andhra’s Learning Transformation Project”.
  • The agreement was signed by Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance; Budithi Rajsekhar, Principal Secretary, Department School Education, Government of Andhra Pradesh; and Junaid Ahmad, Country Director, World Bank.

BY: AMIT GUPTA

Reference: http://www.uniindia.com/~/india-world-bank-sign-us-250-million-loan-pact-to-improve-quality-of-learning-in-andhra-pradesh/Business%20Economy/news/2571816.html