LOANS & CREDITS

India – Second Elementary Education Project [Additional Financing]

March 18, 2010



IDA Credit: US$750 million equivalent
Terms: Maturity = 35 years; Grace Period = 10 years
Project ID: P118673

Project Description: The Second Elementary Education Project for India aims to support the Government of India’s Sarva Shiksha Abhiyan (SSA) program, a nationwide effort aiming to provide quality elementary education to all children.  The Bank has supported the SSA with two IDA credits totaling US1.1 billion since 2003.  The additional financing will enable SSA to expand activities related increased access at upper primary level (grades 5-8), increase elementary level completion rates, and improve learning outcomes for the full elementary cycle (grades 1-8). The program is expanding its efforts to enable the hardest-to-reach children to attend school. These include provision of teachers and the establishment, construction and extension of primary and upper primary schools and classrooms in districts where access is still an issue.


Media Contacts
Erik Nora
Tel : (202) 458-4735
enora@worldbank.org

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