"I am happy to announce that the Union Finance Ministry has given its clearance to the state government's ambitious project in Education which is about Rs 700 crore," Mukul said while addressing thousands of class XII students at a tablet distribution function here.
He said, "we are upgrading the necessary infrastructure of our educational institutions and training for the teachers to ensure that we have the best teachers in the state."
An analytical data shown that education generated the maximum employment opportunities, he said.
Manila-based multilateral funding agency Asian Development Bank (ADB) will provide UDS 100 million loan to improve secondary education and vocational training in Meghalaya in the next few years.
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The project to support human capital development will be it's first loan in India to boost education and skills.
"Many of today's students in Meghalaya are the first in their families to go to school, so we need to make sure they have the right curriculum, teaching and equipment," Sungsup Ra, Director of Human and Social Development Division in ADB's South Asia Department, said.
The project will upgrade to national standards the infrastructure of 117 government-aided private secondary schools and provide laboratories, libraries, clean drinking water, computers, and separate toilets for girls and boys, as well as access for physically-challenged.
This is expected to improve learning environment for 18,000-20,000 students, around 40 per cent of whom will be girls.