June 15, 2026 04:11 am (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
Modi–Macron mega meeting: India–France Pact to double trade, boost AI, defence, space ties!
Sun, Jun 14 2026
India–Sri Lanka Naval bond grows stronger as INS Sharda concludes key Colombo visit
Sun, Jun 14 2026
All 14 Indian crew members rescued after vessel suffers engine failure off Oman coast
Sun, Jun 14 2026
India–France ties get a boost as Modi meets Macron at high-profile ‘Bharat Innovates’ event in Nice
Sun, Jun 14 2026
Woman dies after being attacked by father inside Uttar Pradesh police station over inter-caste marriage
Sun, Jun 14 2026
INDIA bloc unity in trouble? Rahul Gandhi’s ‘won’t hug Pinarayi’ remark triggers row, CPM hits back
Sun, Jun 14 2026