Agreement for the financial support of the implementation of Strengthening Teaching-Learning and Results for States (STARS) project of Ministry of Education was signed between Department of Economic Affairs (DEA) and World Bank along with Ministry of Education. 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.
About Strengthening Teaching-Learning and Results for States (STARS) project
Financed by : World Bank
Implemented by : Ministry of Education (MoE)
The Program aims to improving the overall monitoring and measurement activities in the Indian school education system through interventions in selected states. Ministry of Education (MoE) as the main implementing agency at the national level. At the State level, the project will be implemented through the integrated State Implementation Society (SIS) for Samagra Shiksha. The proposed World Bank support under STARS is primarily in the form of a results-based financing instrument called Program for Results (PforR).
Sources : PIB