Business Standard
Wednesday, May 30, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

More funds for expansion of IITs, NITs
Sreelatha Menon / New Delhi Jun 19, 2009, 00:30 IST

The human resource development ministry has decided to keep its Budget allocation demands within the limits of what it had made in the Interim Budget, especially in the case of primary education.

However, the only additional allocation for the General Budget to the tune of Rs 2,000 crore, already approved by the Planning Commission, would go to the department of higher education and technical education for expansion of IITs and NITs.

The government proposes to set up eight new IITs, seven IIMs, 10 NITs and 20 IIITs in the Eleventh Plan period (2007-12). This apart, it plans to set up 30 new central universities, a national tribal university, five new Indian Institutes of Science Education and Research and two new Schools of Planning and Architecture.

The budgetary outlays for higher education during the Plan period have seen a ten-fold increase as compared to the Tenth Plan.

In the Interim Budget presented earlier this year, the ministry received an allocation of Rs 26,800 crore for primary education.

The Interim Budget also saw an allocation of Rs 7,596 crore for higher education. The amount will increase by Rs 2,000 crore, the sources said. In the Interim Budget, an allocation of Rs 200 crore was made for setting up three new IITs, while Rs 20 crore each was allocated for setting up new IIMs and new NITs. The additional allocation is expected to benefit these projects.

Under the head of primary education, the demand for Sarva Siksha Abhiyan remains at Rs 13,100 crore which is the same as that of the Interim Budget. Again the demand for mid-day meal scheme is the same at Rs 8,000 crore.

The demand for adult education remains Rs 451 crore, while that of secondary and higher secondary education will be Rs 4,649 crore.

The ministry has sought Rs 350 crore-Rs 400 crore for setting up 6,000 model schools in the country.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Striking Air India pilots have no rights to be trained: HC
- SBI to rework structure in circles
- KBC 6 gets record registrations
- UPDATE: NDA calls for Bharat Bandh on May 31
- Foreign investor norms eased to accelerate capital inflows
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us