{"id":194778,"date":"2022-07-08T19:57:34","date_gmt":"2022-07-08T14:27:34","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=194778"},"modified":"2022-07-08T19:59:12","modified_gmt":"2022-07-08T14:29:12","slug":"chhattisgarh-gets-centres-nod-for-world-bank-funded-school-project","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/chhattisgarh-gets-centres-nod-for-world-bank-funded-school-project\/","title":{"rendered":"Chhattisgarh gets Centre\u2019s nod for World Bank funded school project"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201cChhattisgarh gets Centre\u2019s nod for World Bank funded school project\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>The Hindu <\/b>on <b>7th July 2022.<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Chhattisgarh Government has received an in-principle nod from the Centre to go ahead with a $300 million school education project the State is negotiating with the World Bank.<\/span><\/p>\n<h5><b>Why do states need the centre\u2019s permission while borrowing?\u00a0<\/b><\/h5>\n<p><b>Article 293(3) of the Constitution states that <\/b><span style=\"font-weight: 400;\">\u201cA State may not without the consent of the Government of India raise any loan if there is still outstanding any part of a loan which has been made to the State by the Government of India or by its predecessor Government or in respect of which guarantee has been given by the Government of India or its predecessor Government\u201d.<\/span><\/p>\n<p><b>Article 293(4) says that the <\/b><span style=\"font-weight: 400;\">\u201cconsent under clause (3) may be granted subject to such conditions as the Government of India may think fit to impose\u201d.\u00a0<\/span><\/p>\n<h5><b>World Bank and Indian School Education System<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The World Bank has been associated with India\u2019s school education system since 1994.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of its more recent projects, inked in 2021 is the $500 million <\/span><a href=\"https:\/\/forumias.com\/blog\/agreement-for-financial-support-to-stars-project\/\"><span style=\"font-weight: 400;\">Strengthening Teaching-Learning and Results for States Program(STARS)<\/span><\/a><span style=\"font-weight: 400;\"> to improve the quality and governance of school education in six Indian States.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cChhattisgarh gets Centre\u2019s nod for World Bank funded school project\u201d published in The Hindu on 7th July 2022. What is the News? The Chhattisgarh Government has received an in-principle nod from the Centre to go ahead with a $300 million school education project the State is negotiating&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/chhattisgarh-gets-centres-nod-for-world-bank-funded-school-project\/\">Continue reading <span class=\"screen-reader-text\">Chhattisgarh gets Centre\u2019s nod for World Bank funded school project<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10498],"class_list":["post-194778","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700798898,"cached_date":1704927418},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/194778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=194778"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/194778\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=194778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=194778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=194778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}