Thursday, 1 March 2012

MP plans to obtain World Bank loan for improving Hr Education


Bhopal: The Madhya Pradesh government is planning to avail Rs 1,000 crore World Bank assistance for bringing in qualitative improvement in higher education sector, a senior official said.

A detailed report in this regard would be prepared after wider consultations and preliminary discussions which were in progress, Higher Education Minister Laxmikant Sharma told reporters here after meeting a World Bank team.

The World Bank team also met Chief Minister Shivraj Singh Chouhan and submitted a report based on a conference of education experts organised by the bank in September last year.

Sharma said the interest for the long-term loan would be at the rate of one per cent only. Details were being worked out. This initiative is likely to give a quantum jump in the higher education sector in the state. 

No comments:

Post a Comment