India, June 2 -- WASHINGTON - The World Bank's Board of Executive Directors approved today financing for the Education Quality Improvement Project (EQIP) in the amount of $40 million, which will help the country to improve the learning environment in participating institutions, with a specific focus on supporting disadvantaged students, while also strengthening the Ministry of Education and Research's capacity for sector management and assistance to refugees enrolled in educational institutions.

The project will also benefit from co-financing grants, including $4.8 million from the Global Partnership for Education Fund, $5 million from the Early Learning Partnership Multi-Donor Trust Fund, and a non-reimbursable concessional contribution...