Agreement for the financial support to STARS Project signed between India and World Bank
Part of: GS Prelims and GS- II – Education; International relations
In news
Agreement for the financial support of the implementation of Strengthening Teaching-Learning and Results for States (STARS) project was signed between Department of Economic Affairs (DEA) and World Bank along with Ministry of Education.
Important value additions
The proposal of STARS project was approved in October 2020.
The Program envisions improving the overall monitoring and measurement activities in the Indian school education system through interventions in 6 States viz. Himachal Pradesh, Rajasthan, Maharashtra, Madhya Pradesh, Kerala and Odisha.
STARS project would be implemented as a new Centrally Sponsored Scheme.
ImplementingMinistry/agency: Department of School Education and Literacy (DoSEL), Ministry of Education
At the State level, the project will be implemented through the integrated State Implementation Society (SIS) for Samagra Shiksha.
Do you know?
The total project cost of STARS project is Rs 5718 crore with the financial support of World Bank amounting to US $ 500 million.
The proposed World Bank support under STARS is primarily in the form of a results-based financing instrument called Program for Results (PforR).
A State Incentive Grant (SIG) will be used to encourage States to meet desired project outcomes.
