67723
                                                 India: Secondary Education Project

                                                 SUMMARY OF DISCUSSION

                                               Meeting of the Executive Directors

                                                               March 22, 2012



       Executive Directors approved the loan to the Republic of India for the Secondary
Education Project in the amount of SDR 322.4 million ($500 million equivalent) on payment
terms and conditions set out in the President’s Memorandum (IDA/R2012-0047).

       Directors expressed support for the Secondary Education Project, which was consistent
with the Country Assistance Strategy (CAS) priorities, the South Asia Regional Strategy and the
Education Strategy 2020. The importance of maintaining a strong focus on monitoring and
improving the quality of secondary education while tackling equity gaps was highlighted. The
Directors also noted the need for continued capacity building to strengthen the systems,
especially related to fiduciary issues.

 

 




                                                            

  This summary is not an approved record.