December 21, 2025 02:27 pm (IST)
Follow us:
India and World Bank sign agreement to improve higher education in MP
New Delhi, Mar 2 (IBNS) A financing agreement for IDA credit of US$ 300 million (equivalent) for the "Madhya Pradesh Higher Education Quality Improvement Project" was signed between India and the World Bank on Tuesday.
The financing agreement was signed by Raj Kumar (Joint Secretary, Department of Economic Affairs) on behalf of Government of India and Onno Ruhl, Country Director, World Bank (India) on behalf of the World Bank.
The project agreement was also signed by K K Singh, Principal Secretary, Department of Higher Education, Government of Madhya Pradesh and Onno Ruhl, Country Director World Bank.
The objective of the project is to improve student outcomes especially of disadvantaged groups in selected Higher Education Institutions (HEIs) and to increase the effectiveness of the Higher Education System in Madhya Pradesh.
The project has three components (1) Grants Support to Higher Education Institutions (2) State Level Initiatives and (3) Improving System Management.
The project has been designed as a result-based financing programme, implying that funds will be released based on the achievement of specific results or disbursement linked indicators (DLls). The DLls have been designed to ensure outcomes such as increase in enrolment of full time students, increase in transition rate, achievement of NAAC accreditation criteria by participating HEls, better transparency in the affairs of participating institutions and strengthening of governance structure
The Project will end on Aug 31, 2021.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Bengali singer Lagnajita Chakraborty alleges abuse, assault bid on stage, police arrest accused
Sun, Dec 21 2025
Telangana to bring Karnataka-style hate speech law amid rising debate on communal rhetoric
Sat, Dec 20 2025
Fog can’t silence Modi: PM slams ‘cut and commission’ TMC in virtual Taherpur address
Sat, Dec 20 2025
PM Modi’s Nadia rally in Bengal delayed as helicopter fails to land due to dense fog
Sat, Dec 20 2025
Horror on tracks: Rajdhani Express ploughs into elephant herd, eight killed in Assam
Sat, Dec 20 2025
Viral video of foreign tourists exploring New Delhi with a local auto rickshaw driver steals hearts!
Fri, Dec 19 2025
Why India remains unaffected as Trump suspends US Green Card lottery? Find out here
Fri, Dec 19 2025
Goa's popular Curlie's pub sealed days after nightclub fire tragedy
Fri, Dec 19 2025