Cabinet okays revised cost to construct 13 central varsities

Image
IANS New Delhi
Last Updated : Jan 16 2019 | 7:11 PM IST

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its approval for Revised Cost of Estimate (RCE) for the construction of 13 new central universities, to facilitate completion of the project within 36 months.

The universities will be constructed in Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir (two), Jharkhand, Karnataka, Kerala, Orissa, Punjab, Rajasthan and Tamil Nadu, for which the previous UPA government had given approval under the Central University Act, 2009.

"This would increase access to higher education and set exemplary standards for other universities to emulate. It will also help in minimising the regional imbalances in educational facilities," Union Minister Piyush Goyal told reporters after a Cabinet meeting.

Goyal said the Cabinet has given its approval for incurring an expenditure of Rs 3,639.32 crore for these universities for recurring cost and creation of necessary infrastructure for completion of the campuses, and alleged that the previous Cabinet during the UPA regime gave approval of Rs 3,000 for the purpose.

He said the Cabinet has also given ex-post facto approval for an amount of Rs 1,474.65 crore.

Goyal said the total estimated cost of the construction of these universities would be Rs 8,113 crore.

--IANS

rak/nir

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 16 2019 | 6:12 PM IST

Next Story