World Bank approves Loan for STARS Project

Published on June 30, 2020
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

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