Madhya Pradesh inks $300mn pact with World Bank on education

Union government, Madhya Pradesh government and the World Bank signed a US$ 300 million credit agreement on Tuesday for the ‘MP higher education quality improvement project’. The credit is from the International Development Association (IDA) -World Bank’s concessionary lending arm with a maturity of 25 years, including a five year grace period. Acceding to an official statement by World Bank, “The project will also help increase the overall effectiveness of the higher education system in Madhya Pradesh to improve student learning outcome in select government-run higher education institutions in the…

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