External Aid in Elementary Education: A Double-Edged Sword

Published By: ERU on ess | Published Date: September, 23 , 1999

During 1992-97 external assistance in education contributed less than 5 per cent of the total of Rs 9,201 crore spent by the government (central and state) on elementary education. Of this a major chunk of Rs 450 crore was in the form of loans from the World Bank. According to government estimates, during the Ninth Five-Year Plan (1997-2002) external assistance is estimated to increase significantly to Rs 4,300 crore of which the loan component from the World Bank is Rs 3,700 crore.

Author(s): Vimala Ramachandran | Posted on: Sep 23, 2008 | Views(2187) | Download (1478)


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