May 05, 2026 08:46 am (IST)
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
'We bow to people’s verdict': MK Stalin concedes defeat as TVK storms to power in Tamil Nadu
Mon, May 04 2026
Three Indians injured as drone strike hits UAE oil zone, Fujairah oil refinery fire triggers regional alarm
Mon, May 04 2026
Suvendu Adhikari Topples Mamata Banerjee in Bhabanipur — Bengal’s Biggest Shocker Yet
Mon, May 04 2026
'Banglay Poriborton': PM Modi hails BJP’s Bengal sweep as ‘new chapter’, urges peace after historic mandate
Mon, May 04 2026
In dhoti-kurta, PM Modi greets jubilant BJP workers after Bengal win
Mon, May 04 2026
Ex-Bengal Sports Minister Aroop Biswas, embroiled in Messi event row, trails in Tollygunge
Mon, May 04 2026
Bhabanipur battle heads for cliff-hanger as Suvendu Adhikari trims Mamata Banerjee's lead
Mon, May 04 2026
BJP set to end Mamata rule in Bengal, heads for big win: Trends
Mon, May 04 2026
