Odisha

World Bank Okays $500 Million Education Loan For Odisha, Five Other States

By
OB Bureau

New Delhi: The World Bank (WB) has approved $500 million (about Rs 3,700 crore) loan to improve quality and governance of school education in Odisha and five other states in the country.

The bank’s Board of Executive Directors had approved the loan for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, WB said in a statement on Sunday.

Besides Odisha, the other states to receive aid under STARS are Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra and Rajasthan, NDTV reported.

“Some 250 million students (between the age of 6 and 17) in 1.5 million schools and over 10 million teachers will benefit from the program. The STARS program builds on the long partnership between India and the World Bank (since 1994), for strengthening public school education and to support the country’s goal of providing Education for All,” it said.

Prior to STARS, the bank had provided a total assistance of more than $3 billion towards this goal.

Also Read: Four Committees In Odisha Assigned The Task To Develop Online Education Content

OB Bureau

Recent Posts

Odisha’s Swasti Singh Wins 3 More Medals In Khelo India Cycling League

Bhubaneswar: Odisha cycling star Swasti Singh won three more silver medals on the second and…

September 8, 2024

Odisha Cadre IAS Officer Appointed Union Finance Secretary

New Delhi/Bhubaneswar: Senior IAS officer of Odisha cadre Tuhin Kanta Pandey was on Saturday appointed…

September 8, 2024

Odisha Tennis Player Kabir Hans Wins AITA Men 1 Lakh Singles Title

Bhubaneswar: Kabir Hans won the singles title in the MOSF-AITA-OTA Gurukul Mens 1 Lakh Tennis…

September 8, 2024

Ballpoint Pen Turns To Smallest Vacuum Cleaner: Indian Student Reclaims Guinness World Record

New Delhi: He had created the world’s smallest vacuum cleaner in 2020. Having lost the…

September 7, 2024

Kelucharan Mohapatra Award Festival: Carnatic Vocalist OS Arun Enthrals Audience On Day 3

Bhubaneswar: Celebrated singer Kalaimamani Dr OS Arun and his orchestra captivated the audience with Carnatic…

September 7, 2024

Odisha’s Shooting Ace Shriyanka Sadangi Shines At National Selection Trials

Bhubaneswar: Ace Odisha shooter Shriyanka Sadangi boosted her National rankings by securing first position in…

September 7, 2024

Thundershower With Lightning Likely In Odisha’s 5 Districts In 2 Hours

Bhubaneswar: Thundershower accompanied by lightning is likely to occur in some parts of five districts…

September 7, 2024

‘Throw My Daughter & Son-In-Law Into The River’: Maharashtra Minister Tells Voters

Mumbai: In politics, there is no love lost even between family members. Furious at the…

September 7, 2024