India signed agreement with World Bank for financial support to Stars Project

Current GK ( Master) International Funding institutions

World Bank and The Department of Economic Affairs (DEA) along with the Ministry of Education, have signed the Strengthening Teaching-Learning and Results for States Program (STARS) project.
STARS project is a centrally sponsored scheme that seeks to strengthen the school education system.
The agreement has been signed with an aim of improving the quality and governance of school education in six states of India.
The 6 Indian states include- Kerala, Maharashtra, Himachal Pradesh, Rajasthan, Madhya Pradesh, Rajasthan, and Odisha.
The STARS project will be benefitting approximately 250 million students in the age group of 6 to 17 years coming from the 1.5 million schools.
Apart from the students, the project will also benefit 10 million teachers across the six states.
The project was launched with the aim of strengthening the public-school education.
It also supports India’s aim of “Education for All”.
The STARS Project carry forward the vision of the National Education Policy 2020 that envisages the equitable education for all.
The total project cost of STARS project is Rs 5718 crore with the financial support of World Bank amounting to US $ 500 million (approximately Rs. 3700 crore) and rest coming as State share from the participating States, over a period of 5 years.