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10 July 2026 STATE

The Asian Development Bank (ADB) has approved a loan of $182.89 million (in Japanese Yen equivalent) to Karnataka for the "Strengthening Karnataka Public Schools Program". The program aims to strengthen the public school system by establishing 500 integrated school clusters.

Additionally, the program will receive a $10 million grant and a $25 million guarantee from the International Finance Facility for Education (IFFEd).

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