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World Bank and Government of India sign US$300 million agreement

World Bank, Government of India and Government of Madhya Pradesh have signed a credit agreement worth US$300 million for Madhya Pradesh Higher Education Quality Improvement Project.  The project aims at improving the overall effectiveness of Higher Education in Madhya Pradesh.

Around 3.6 million students, 10,800 academic staff and 1,400 administrators and officers in nearly 200 government colleges and universities will directly benefit from the project. The primary objective of the project is to support government institutions to improve the quality of higher education, so that students are more employable. The secondary objective is to provide financial support to the students in need and extend scholarships to deserving students.

Onno Ruhl, World Bank Country Director in India said, “By focusing on good quality education for higher learning, extending scholarships to disadvantaged students, and improving resources available for teaching, learning and research, we hope the project will help produce a labour force that has the required skills and knowledge to boost the state’s economy and lift many out of poverty.”

With the funding inflow in various states of India and positive change in terms of improved education quality, there is a lot of scope for Indian students to choose their future study and career paths.  To know more about promotion opportunities created by SIEM India for UK institutions please write to Shruti Khanna with a cc to SIEM South Asia

To read the full article visit http://www.worldbank.org/en/news/press-release/2016/03/01/government-of-india-world-bank-sign-usd300-million-agreement-improve-learning-outcomes-over-3million-students-madhya-pradesh?_sm_au_=iVVVKnmK3n03BVlS