2026.06.18
On June 16, the Asian Development Bank (ADB) has signed an investment agreement with Schoolnet India Limited (SIL), an education service provider in the Republic of India. The total amount of the loan is USD 10 million, of which USD 5 million will be provided through JICA-funded LEAP 2.
Signing ceremony attended by SIL, ADB, and JICA
LEAP2 is an ADB-managed fund with a commitment of up to 1.5 billion US dollars from JICA. It focuses on providing financing for high-quality private-sector infrastructure projects in ADB’s developing member countries in Asia and the Pacific. Projects supported by LEAP2 include initiatives to reduce carbon emissions, improve energy efficiency, and enhance access to affordable healthcare, education, and telecommunication services.
Only about 26% of kindergarten-to-secondary (K–12) schools in India have computer laboratories, and just around 29% have smart classrooms, highlighting significant gaps in digital access. The financing will address these gaps by supporting SIL in expanding digital learning infrastructure in government schools across India, including the installation of computer laboratories, the rollout of digital classrooms, and the training of teachers on digital pedagogy.
The project is expected to improve quality education and enhance learning outcomes, while strengthening teachers’ digital teaching capacity and promoting inclusive and effective education practices. It will also contribute to qualitative improvements in educational services and the long-term development of digital education infrastructure in India.
- Contribution to SDGs
Goal 4 (Quality education)
Goal 9 (Industry, innovation and infrastructure)
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