The World Bank on Sunday said its Board of Executive Directors has approved USD 500 million (about Rs 3,700 crore) loan to improve quality and governance of school education in six Indian states. The board approved a loan for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, 2020, the World Bank said in a statement.
“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 USD 3 billion towards this goal.
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