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World’s Largest Education DIB Reports First-Year Results

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Story Source: Devex ~ Go to Original Article

The world’s largest education development impact bond, which has raised $11 million to pay for improved learning outcomes for 300,000 primary school kids in India, achieved mixed results in its first year, an evaluation has found.

Figures from year one of the Quality Education India DIB were released last week, although the full evaluation has not been published. The numbers released show that 40% of participating schools either met or exceeded their targets for literacy and numeracy skills………………..