India signs agreement with World Bank to improve technical education

Posted By: IANS

New Delhi, Feb 2, 2017: India has signed a $201.50 million financing agreement with the World Bank to improve the quality of technical education in the country.

"Financing agreement for credit of $201.50 million for the 'Third Technical Education Quality Improvement Programme (TEQIP III)' was signed with the World Bank here on Tuesday," the Finance Ministry said in a statement.

The project aims at improving quality and equity in engineering institutes in the states and take initiatives to strengthen sector governance and performance, it said.

"The objective of the programme is to enhance quality and equity in participating engineering education institutes and improve the efficiency of the engineering education systems in Uttarakhand, Himachal Pradesh, Bihar, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Rajasthan, the eight north-eastern states and Andaman and Nicobar Islands," the statement said.

India signs agreement with World Bank

"The project has been designed as a disbursement-linked one, that is, the World Bank loan will be disbursed on achievement of specific outcomes," it added.

IANS

JOIN US ON SOCIAL NETWORKS

Thousands of Careerindia readers receive our evening newsletter.
Have you subscribed?

For great career opportunity, get instant updates on Education, Career & Job
Careerindia

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Careerindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Careerindia website. However, you can change your cookie settings at any time. Learn more