How much amount has been sanctioned by the World Bank for “Third Technical Education Quality Improvement Programme (TEQIP III)” of India?
[A] $220.50 million
[B] $232.50 million
[C] $225.50 million
[D] $201.50 million
The Government of India (GoI) has signed the financing agreement with World Bank for IDA cr of $201.50 million for “Third Technical Education Quality Improvement Programme (TEQIP III)”. The objective of the program is to increase quality and equity in participating engineering Education Institutes and improve the efficiency of the engineering Education System in Uttarakhand, Himachal Pradesh, Bihar, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Rajasthan, 8 North Eastern States and Andaman & Nicobar Islands.