05 Oct '12, 11pm

World Bank offers India $615m education loan

World Bank offers India $615m education loan

In this photograph taken on March 1, 2012 Indian school children prepare for their Central Board of Secondary Education (CBSE) senior school certificate examinations for Class XII standard, by looking at their textbooks in the last moments before entering an examination hall in New Delhi. The World Bank on Friday offered India a US$500 million (S$615 million) loan aimed at improving access to secondary education and enhancing its quality, a statement said. -- PHOTO: AFP NEW DELHI (AFP) - The World Bank on Friday offered India a US$500 million (S$615 million) loan aimed at improving access to secondary education and enhancing its quality, a statement said. The government plans to use the funds to construct 11,000 new secondary schools and repair 60,000 existing ones, while upgrading 44,000 primary schools into secondary schools. The major focus would be on "quality of educa...

Full article: http://www.straitstimes.com/breaking-news/asia/story/worl...

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