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The Holy GrailIndia's Quest for Universal Elementary Education$
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R.V. Vaidyanatha Ayyar

Print publication date: 2016

Print ISBN-13: 9780199463473

Published to Oxford Scholarship Online: September 2016

DOI: 10.1093/acprof:oso/9780199463473.001.0001

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Opportunity Knocks at the Door

Opportunity Knocks at the Door

(p.342) XIII Opportunity Knocks at the Door
The Holy Grail

R.V. Vaidyanatha Ayyar

Oxford University Press

This chapter describes how at a time of fiscal austerity when funds had to be curtailed even for ongoing programmes an unexpected opportunity arose to operationalize the new strategy for universalizing elementary education when the World Bank offered to provide a Social Safety Net (SSN) Credit to tide over the adverse effects of the ongoing adjustment on basic services like elementary education. It throws light on the decision-making process through which the government developed a package for funding by the Bank; it also outlines the informal and formal negotiations with the World Bank as well as the organizational politics within the World Bank. It concludes by explaining the offer of the European Community to assist the District Primary Education back to back to the SSN Credit offered by the World Bank.

Keywords:   World Bank, European Community, Social Safety Net Credit, Decision-making within Government, Process of negotiation between the Indian Government and the World Bank

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