ADB approves $500-million loan to improve quality of school education

The Asian Development Bank (ADB) has approved a $500-million loan to India to help improve the quality of school education and to mitigate the impact of the Covid-19 on students’ learning. The loan supports the Integrated Scheme for School Education (Samagra Shiksha) and the new Exemplar School Initiative of the Ministry of Education (MOE) to improve education quality by focussing on inclusive and equitable learning outcomes.

About 1,800 government schools will be transformed into exemplar schools in Assam, Gujarat, Jharkhand, Tamil Nadu, and Uttarakhand. Exemplar schools will demonstrate quality learning environments and effective learning, which will become a model for replication in other government schools across India, ADB said in a statement.