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Current Affairs

World Bank approves Loan for STARS Project

Current Context: The International Financial Body, World Bank has approved a loan for India to build STARS Project.
World Bank approves Loan for STARS Project
  • A loan of $500 million i.e. to about Rs 3700 crore has been sanctioned by the World Bank.
  • The STARS is basically an Education upliftment project which stands for ‘Strengthening Teaching- Learning and Results for State Program’.
  • STARS Project is undertaken to improve the quality and governance of school education in 6 India states namely Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha and Rajasthan.
  • The project will be executed via Samagra Shiksha Abhiyan.
  • Static Part: 
    • HQ of World Bank: Washington DC, United States
    • President of World Bank: David Malpass.

Question: 

Q.1 Which of the following organisation has approved a loan for India to execute STARS Project?
a. IMF
b. UNESCO
c. World Bank
d. AIIB
World Bank approves Loan for STARS Project World Bank approves Loan for STARS Project Reviewed by Neha Verma on June 30, 2020 Rating: 5

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