CURRENT AFFAIRS

Detailed explanation-1: -The Prime Minister, Shri Narendra Modi launched Mission Schools of Excellence at Trimandir, Adalaj, Gujarat today. The Mission has been conceived with a total outlay of 10,000 Crores.

Detailed explanation-2: -Mission Schools of Excellence is a partially funded World Bank project aimed at strengthening the education infrastructure in the State of Gujarat. It is conceived with an outlay of ₹10,000 crore.

Detailed explanation-3: -There are 36 SoSEs for five domains for which admissions will be conducted: STEM, Humanities, Performing and Visual Arts, High-End 21st Century Skills, and the Armed Forces Preparatory School.

Detailed explanation-4: -The Asian Infrastructure Investment Bank (AIIB) and the World Bank will be providing a Rs 7,500 crore loan for the government of Gujarat’s Mission School of Excellence project.