Categories: State News

World Bank Extends Loan of $250 million for SALT Project in Andhra Pradesh

The World Bank has extended an unconditional loan of $250 million to the Supporting Andhra’s Learning Transformation (SALT) project in appreciation of the path-breaking reforms implemented by the state government. The reforms initiated under the SALT project have brought about a paradigm shift in the way education was imparted and the outcomes had been encouraging according to Special Chief Secretary B. Rajasekhar (School Education).

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Key Points related to SALT Project in Andhra Pradesh

The SALT Project is the first project in the school education sector to be funded by the World Bank without any precondition.
Approximately ₹53,000 crores has been spent on school education in the last three years.
In the academic year 2022-2023, more than 40,31,239 children were studying in government schools.
The lack of facilities or the adoption of English medium in government schools is not at all the reason for the number of children decreasing according to Mr. Rajasekhar.
During the occasion, Joint Director of School Education M. Ramalingam and Director of Examinations D. Devendra Reddy were present.