Advertise Here [728 W x 90 H pixels]
Construction : Union Budget | July 2014 | Source : Construction Update

Centre allocates Rs 500 crore for setting up IIM and IITs

The Government has announced to set-up five more IITs in the Jammu & Kashmir, Chattisgrah, Goa, Andhra Pradesh and Kerala. Similarly, five new IIMs will be set-up in the States of Himachal Pradesh, Punjab, Bihar, Odisha and Maharashtra. The Centre has allocated a sum of Rs. 500 crore for this in the current budget. Presenting his Maiden Budget in Parliament here today, the Union Finance Ministeri Arun Jaitley said that the country needs a large number of Centres of higher learning which are world class and accordingly declare to set-up Jai Prakash Narayan National Centre for Excellence in humanities in Madhya Pradesh. Jaitley announced “Pandit Madan Mohan Malviya New Teachers Training Programme” to infuse new training tools and motivate teachers with an initial corpus of Rs.500 crore. He said that for Sarva Shiksha Abhiyan a provision of Rs. 28, 635 crore has been made while for Rashtriya Madhyamik Shiksha Abhiyan Rs. 4,966 crore have been allocated. The Government will also strive to provide toilets and drinking water in all the girls school in first phase, the Minister added. To take advantage of the reach of the IT, the Finance Minister allocated a sum of Rs. 100 crore for setting up virtual classrooms as Communication Linked Interface for Cultivating Knowledge (CLICK) and online courses.
 
Advertise Here [728 W x 90 H pixels]