The Government of India, the Government of Nagaland and the World Bank signed a $68 million agreement for “Nagaland: Enhancing Classroom Teaching and Resources Project”, to enhance the governance of schools across Nagaland. The $68 million loan from the International Bank for Reconstruction and Development (IBRD), has a final maturity of 14.5 years including a grace period of 5 (five) years.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
About the project:
- The “Nagaland: Enhancing Classroom Teaching and Resources Project” will improve classroom instruction; create opportunities for the professional development of teachers, and build technology systems to provide students and teachers with more access to blended and online learning as well as allow better monitoring of policies and programmes.
- As many as 1,50,000 students and 20,000 teachers in the government education system in Nagaland will benefit from the statewide reforms in schools.
Important takeaways for all competitive exams:
- Chief Minister of Nagaland: Neiphiu Rio; Governor of Nagaland: R. N. Ravi.
- World Bank Headquarters: Washington DC, United States.
- World Bank President: David Malpass.
- World Bank Founded: July 1944.