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.
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