ADB to lend upto Rs 5K crore to upgrade education in Govt schools
The Asian Development Bank (ADB) said it will provide between Rs 2000 crore and Rs 5000 crore worth of loans with an affordable rate of interest to the school education department of Maharashtra to boost the quality of the Govt-run school education system with prime focus on basic infrastructure and adoption of the latest technology.
The state’s school education department every academic year spends around Rs 200 crore for repairs and maintenance work of government-run schools which is inadequate to meet the increasing demands of the schools for its infrastructural development.
Apart from basic infrastructural facilities and amenities in schools, the fund will be utilised for up-gradation of education system covering sections like digital technology, soft skill development programmes and provision of essential services to students-teachers.
A crucial meeting between the delegates of the ADB Bank and top officials of the state’s school education department was held recently to discuss plans for “inclusive growth” of schools of the local self-governing institutions, learning goals, soft skills development programmes, creation of state-of-the-art facilities and amenities at schools etc.
The Central government has selected Maharashtra among six states in the country for upgradations of the education system with the help of ADB Bank. According to reports, the government is soon to outline a comprehensive plan layout for speedy implementation of the project.
Meanwhile, Savitribai Phule Pune University (SPPU) is organising a screening of Academic Performance Indicator (API) forms for professors at KTHM College in the morning at 10 am on March 12.