Daily Current Affairs on World Bank Extends Loan of $250 million for SALT Project in Andhra Pradesh for UPSC EPFO Exam Preparation

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

Special Chief Secretary (School Education) B. Rajasekhar has said that the World Bank (WB) 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. 

  • Besides, the facilities in schools were vastly improved under the Nadu-Nedu programme to provide an atmosphere that was conducive for teaching and learning. 
  • The SALT is the first project in the school education sector to be funded by the World Bank without any precondition. 

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