India inks $ 1006.20 million loan pact with World Bank US for "Sarva Shiksha Abhiyan III"

May 29, 2014

India inked $1006.20 million International Development Assistance (IDA) loan agreement with World Bank for Sarva Shiksha Abhiyan III.
At present, Sarva Shiksha Abhiyan (SSA) is the largest ongoing Education For All (EFA) program in the world. It is the flagship programme for universalizing elementary education. The project aims to achieve universal access and retention, bringing down gender and social category disparity in elementary education and enhancement of learning levels of children. The World Bank aid to Sarva Siksha Abhiyaan-III will mainly focus on qualitative improvement in the learning process of the children.
This will also facilitate smooth and effective implementation of the whole Sarva Siksha Abhiyan project. The objective of this project with World Bank IDA is to improve education outcomes of elementary school children in India. It will aid in bringing qualitative improvements in the programme by putting into use the World Bank’s global experience. About 200 million children enrolled in elementary schools and 4.5 million teachers in the sector are expected to benefit with this project. The benefits of the project also include development of grade and subject specific learning indicators to measure children’s progress in acquiring expected knowledge and skills at different grade level. It will also bolster monitoring and evaluation for teachers’ accountability.
The project will be implemented by the Ministry of HRD (Human Resource Development0 in a period of 3 years.

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