CURRENT AFFAIRS

Detailed explanation-1: -The centrally sponsored project will be implemented by the Department of School Education and Literacy, Ministry of Education. It will cover Himachal Pradesh, Rajasthan, Maharashtra, Madhya Pradesh, Kerala and Odisha, he said. The World Bank-supported project is estimated to cost Rs 5, 718 crore, he said.

Detailed explanation-2: -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.

Detailed explanation-3: -Strengthening Teaching-Learning and Results for States (STARS) Project was approved by the Cabinet in October 2020, to be implemented as a centrally sponsored scheme. After signing of the Loan Agreement, the STARS Project became effective on 23rd February 2021 for a period of five years i.e. up to FY: 2024-25.

Detailed explanation-4: -The Department of School Education and Literacy under the Ministry of Education, and the World Bank have signed the Strengthening Teaching-Learning and Results for States Program (STARS) project on January 28, 2021. The project is a financial support agreement.

Detailed explanation-5: -The STARS Project is a Union Government approved education reform initiative in India which is financially aided by the World Bank. The total cost of the project is approximately Rs. 5, 718 crore.