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).
• 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.

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