Union Budget 2014: 5 new IITs, 5 IIMS to be set up

Jul 10 2014, 13:54 IST
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SummaryIITs wil be set up in Jammu & Kashmir, Chattisgrah, Goa, Andhra Pradesh and Kerala.

The government has announced to set-up five more IITs in the Jammu & Kashmir, Chhattisgrah, Goa, Andhra Pradesh and Kerala. Similarly, five new IIMs will be set-up in the States of Himachal Pradesh, Punjab, Bihar, Odisha and Maharashtra.

For this, a sum of Rs 500 crore has been allocated in the Union Budget, presented by Finance Minister Arun Jaitley.

Presenting his maiden budget in Parliament, Jaitley said 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 also announced ďPandit Madan Mohan Malviya New Teachers Training ProgrammeĒ to infuse new training tools and motivate teachers with an initial corpus of Rs 500 crore.

https://www.youtube.com/watch?v=EgsOmLgTUI0&feature=youtu.be

He said for Sarva Shiksha Abhiyan a provision of Rs 28,635 crore has been made while for Rashtriya Madhyamik Shiksha Abhiyan Rs 4,966 crores 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.

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