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During 1992-97 external assistance in education contributed less than 5 per cent of the total of Rs 9, 201 crore spent by the government (central and state) on elementary education. Of this a major chunk of Rs 450 crore was in the form of loans from the World Bank. According to government estimates, during the Ninth Five-Year Plan (1997-2002) external assistance is estimated to increase significantly to Rs 4, 300 crore of which the loan component from the World Bank is Rs 3, 700 crore.
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