OHEPEE Project: Government inks $ 119 Million Loan Agreement with World Bank

Highlights:

  • The Union Government has inked US$ 119 million Financing Agreement with World Bank for IBRD loan for the Odisha Higher Education Programme for for Excellence & Equity (OHEPEE) Project.
  • The OHEPEE Project aims is to improve the quality of ‘students’ equitable access to selected institutions and enhance governance of the higher system in Odisha.
  • The closing date for project is November, 2022.
  • Improving quality of and students’ equitable access to selected institutions of higher education.
  • It includes Institutional Development Plan (IDP) Grants (performance–based Financing) Enhancing governance of higher education system.
  • It includes improvement of governance in colleges and improvement of financial and procurement management and accounting in all government and government-aided colleges.