Assam Cabinet Approves ₹2,750 Cr World Bank Loan to Revamp Education Sector

DIBRUGARH: In a significant development, the Assam Cabinet, during its weekly meeting chaired by Chief Minister Himanta Biswa Sarma at the Chief Minister’s Secretariat in Dibrugarh on July 23, approved a proposal to take a loan of ₹2,750 crore from the World Bank for the comprehensive development of the education sector in the state.

Addressing a press conference after a cabinet meeting here, CM Sarma said the loan amount will be repaid jointly by the central and state governments. "The Centre will repay 90 per cent of the loan, while the remaining ₹275 crore will be returned by the Assam government," he added.

"This amount will be utilised in imparting training to teachers on mathematics and science, management training to headmasters, working on science and technology, and arresting the dropout rate," CM Sarma said.

"From this fund, ₹3-5 crore per school will be spent on rebuilding 400 schools across the state. Also, ₹25 lakh each will be spent to modernise 1,733 Anganwadi centres," he added. He also said that the state cabinet has accorded a financial sanction of ₹150 crore under the Mission for Overall Improvement of Thanas for Responsive Image scheme.

"In the first phase of the scheme, 73 police stations have been completed, and in the second phase, 46 police stations have been taken up. Out of that, 31 stations and one cyber police station have been completed, and works for the remaining are in progress," he added.

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