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<h1>India Secures $500M World Bank Loan to Boost Secondary Education Under Rashtriya Madhyamik Shiksha Abhiyan by June 2017.</h1> India has secured a US$ 500 million loan from the World Bank to support the Rashtriya Madhyamik Shiksha Abhiyan (RMSA), aimed at enhancing access to quality secondary education. The agreement was formalized by representatives from India's Ministry of Finance and the World Bank. The initiative focuses on equitable access and improved education quality, aligning with the RMSA Framework's financial and technical standards. This project signifies a strategic change in the planning, management, and financing of secondary education in India, with a completion target set for June 2017.