WB's additional $500 mn funds for SSA
With government"s flagship Sarva Siksha Abhiyan (SSA) scheme showing encouraging results in expansion of elementary education, the World Bank has come forward with an offer to provide additional funding of $500 million for the programme. - A clean, free-flowing Ganga by 2020: Government - World Bank approves NCRMP - Govt to spend Rs 15,000 cr for "a clean, free-flowing Ganga" - Rs 20,120-cr capex projected for upgrade of power units - Deepak Lal: Remembrance of things past">Deepak Lal: Remembrance of things past - My life in food The World Bank has proposed the government to provide the money as soft loans to be paid over a period of 35 to 40 years with lesser interest. The World Bank had provided soft loan of $600 million for the scheme, which aims at universalisation of elementary education. At present 99 per cent of the habitations in the country have got a primary school. Under the SSA, 2.7 lakh schools have already been operationalised in the country since 2000-01. Similarly, about 9.86 lakh teachers have been recruited by March this year. "The World Bank wants to extend its funding to the programme which has been successful in providing access to education to the children in all areas. The proposal of the World Bank is under consideration," a HRD Ministry official said. The government has already spent the $600 million of funds provided by the World Bank for the period from 2008-10. The DFID and European Commission have provided grant-in-aid of $400 million for the programme for the period. The Central budget outlay for SSA was pegged at Rs 13,100 crore in 2009-10. The states would provide their matching grants of Rs 10434 crore for the scheme also. According to a study, the percentage of out of school children has declined to 4.22 per cent children in the 6-14 age group. Meanwhile, joint teams comprising representatives of World Bank, DFID, EC and HRD Ministry, will conduct a review of the implementation of SSA this month. The joint review mission will start from January 15 and will continue till January 30, the official said. The teams will visit states like Assam, Bihar, Chhattishgarh, Himachal Pradesh, Kerala, Madya Pradesh, Rajasthan, Tamil Nadu, Tripura and West Bengal. The norms of SSA will be changed soon to make it compatible with the provisions of Right to Education Act.Payday Loans commented:
SSA was a very good step taken by Gov. to boost the intelligence living in country but unable to show due to unpriviledged condition. Such expextations we had , and it has done so. Hoping it will bring some change soon to complie withy Right to information act.Thanks for such informative post.
14.10.2011
Payday uk commented:
SSA is really doing the miracle by it\'s work.It can really change the face of the nation in positive way.I think they should get rewards for that.
24.12.2011
payday loan company commented:
SSA scheme will show outstanding results in expansion of elementary education.World bank has provided additional money nearly $500 million for given scheme
27.02.2012
Australian expat commented:
I will rate this post as one of the best post on the concerned topic. I am sure one cannot find such a vast information on any other post o the internet
26.03.2012
Aussie expat loans commented:
This blog is really informative. The information given on the blog is too good and help people .
23.04.2012