If you and I take loan, it means we dont have money. But when a country seeks loans, that does not necessarily mean that the country doesn

Dear Ravi, I am an Indian and i seriously think that we should mind our own business and not worry about what funds our neighbors need for educations. We are still a country with with pathetic infrastructure, low literacy and high poverty. Let us not be overconfident of ourselves!

How come Pakistan is not offered such a loan?

Why does India need loan of $500 M when everybody is talking about how rapidly India is progressing in this world.

Where money will ultimately end-up? I still wonder after passing through the corrupt ministers in central , state level and through the bureaucracy, there would be nothing left to improve the education, not even a paper trail to show who all ate the money in the name of improving the education.

We are just progressing and not progressed mate :) Of course, growing child needs more food than a grown child..

Pakistan needs this aid much more than India. Pakistan needs more funds for education, provided it is used to impart good education, that shall slow down religious misguided extremism and create true Islamic peaceful and tolerant citizens.

For a loan to be granted the world bank must be presented with a loan application - explaining what you want to do with the loan proceed. Then world bank will evaluate if you are using it for a purpose they approve of - i.e. if you say you want to by fighter aircraft then world bank will not approve the loan. You must use the loan proceed for a purpose they approve of. Then world bank will not approve of a loan for 100% finance or cost of a project it approves of. They will say - o.k. we like the purpose or what you want to do with the loan. But we will give you 20% of the total cost if you can come up with 80 % of the cost from your own money. And we won't give you all 20% in one installment. We will give you only 5% to start with and we will check progress of your work and if we think you are doing as you said you will then we will release, say another 5 %. If we don't like wHAT YOU DID WITH OUR MONEY NO MORE MONEY FOR YOU. IT IS STOPPED. This is how it works. I hope it makes things a little clearer why some countrties can get loan while others can not.