World Bank Keen To Fund Higher Education Sector In Odisha

Berhampur, 7 May-2014, Abhijit Saha: The World Bank is eager to finance the growth of the higher education sector in the state of Odisha.

World Bank Keen To Fund Higher Education Sector In Odisha

World Bank Keen To Fund Higher Education Sector In Odisha

The representative of the international funding agency, Kurt Larsen said that the World Bank is keen to invest in the higher education sector of Odisha especially for develop in quality in teaching, learning and research procedure and enhancement of gross enrolment ratio (GER) in Odisha. Nevertheless, the decision would be taken by the bank officials after discussing with the State Government.
A consultant of the World Bank, Soumi Saha said that the discussion is expected to occur in the month of July. The government of Odisha has proposed to hold an international seminar on higher education policy at Bhubaneswar during the first week of July, where the authorities of World Bank are likely to participate.
A 2 member team of the WB has visited Berhampur University and hold discussions with the vice-chancellor Deepak Kumar Behera along with other officials of the university.
The World Bank has effectively financed about 1 million dollar in India till now for the development of higher education sector in different states including 300 billion dollar for Madhya Pradesh. The WB has also financially supported 200 engineering colleges spreading across 20 states in the country.
2 engineering colleges from Odisha were also included in their list.The team from World Bank has focussed on the improvement of teaching faculties, libraries, infrastructure of labs, building centres of excellence (COE) and improvement of GER by extending support to weaker sections of people. Larsen said that the GER in higher education at national level is 19.4 %, but in Odisha it remained at only 16 % which needed to be enhanced.