India signed MoU with World Bank for Madhya Pradesh Higher Education Quality Improvement Project

Mar 2, 2016 15:09 IST

India on 1 March 2016 signed a financing agreement for IDA credit of 300 US dollars for the Madhya Pradesh Higher Education Quality Improvement Project with the World Bank.

The project was designed as a result based financing programme in which the funds will be released based on the achievement of specific results or disbursement linked indicators (DLIs).

The DLIs are designed to ensure increase in enrolment of full time students and transition rate, to achieve NAAC accreditation criteria by the participating Higher Education Institutions (HEIs) and strengthening of governance structure.

The project has three components

• Grants Support to Higher Education Institutions

• State Level Initiatives   

• Improving System Management.

Objectives of the Project:

• To increase the effectiveness of the Higher Education System in Madhya Pradesh

• To improve the standards of disadvantaged groups of students in selected Higher Education Institutions (HEIs).

The Project will be closed on 31 August 2021.

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