Role of International Aid Agencies in Educational Development in India
Role of International Aid Agencies in Educational Development in India – Powerpoint presentation
What is AID :
A transfer of resources on concessional terms – on terms that is more generous or softer than loans obtainable in the world’s capital markets – from rich countries to poorer countries.
Aid is Official Development Assistance (ODA) and is monitored and reported on by the Development Assistance Committee (DAC) of the Organisation for Economic Cooperation and Development (OECD)
For the DAC, aid qualifies as ODA on three criteria: must be undertaken by official agencies, such as DFID; must be for economic development and welfare; and must have a grant element of 25% or more – i.e., 100% grant or soft loan.
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