The Union Cabinet on Wednesday approved the Revised Cost Estimates (RCE) of over Rs 4371 crore for establishment of permanent campuses of new National Institutes of Technology (NITs) till 2022.
"Cabinet has approved the Revised Cost Estimates (RCE) for establishment of permanent campuses of new National Institutes of Technology (NITs) at a total cost of Rs 4371.90 crore for the period till 2021-22," Union Minister Prakash Javadekar said at a press conference.
"NITs were established in the year 2009 and started functioning from academic year 2010-2011 in their respective temporary campus with very limited space and infrastructure. These NITs will be fully functional from their respective permanent campuses by March 31, 2022," he added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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