- These projects include an education program in Gujarat, a social protection program in Tamil Nadu, and a project to help recovery in the fisheries sector.
- World Bank has approved additional financing of $250 million for Outcomes for Accelerated Learning (GOAL), a program that aims to improve education results for children across the state of Gujarat.
- These will benefit an additional 3,000 schools that have been disproportionately affected by the Covid-19 pandemic.
- In 2020-21, the fisheries sector saw losses of about USD 5.5 billion and fish production fell almost 40% in one year due to the Covid-19 pandemic.
- While Additional financing will scale up the coverage of the original program from a total of 9,000 to 12,000 schools, while also supporting new efforts to test the efficacy of the program's interventions.
- As per world bank $150 million loans to support the recovery of India’s fisheries sector as it employs about 12 million people directly and another 13 million through associated activities.
- Incentives for larger private investment in the fisheries sector in India have been limited, mainly due to a lack of access to financing or credit, and perceptions that the sector is high-risk.
Question:
Q.1 World Bank has approved for Outcomes for Accelerated Learning (GOAL).a. $320 Million
b. $250 Million
c. $562 Million
d. $352 Million
