Monday, February 28, 2011

Special Grants to Universities and Academic Institutions

The Union Finance Minister Shri Pranab Mukherjee has proposed special grants to recognize excellence in universities and academic institutions in the Union Budget 2011-12. The following institutions / universities will be given special grants during the course of 2011-12 :

i. Rs. 50 crore each to upcoming centres of Aligarh Muslim University at Murshidabad in West Bengal and Malappuram in Kerala;

ii. Rs. 100 crore as one-time grant to the Kerala Veterinary and Animal Sciences University at Pookode, Kerala;

iii. Rs. 10 crore each for setting up Kolkata and Allahabad Centres of Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya, Wardha;

iv. Rs. 200 crore as one time grant to IIT, Kharagpur;

v. Rs. 20 crore for Rajiv Gandhi National Institute of Youth Development, Sriperumbudur, Tamil Nadu;

vi. Rs.20 crore for IIM, Kolkata, to set up its Financial Research and Trading Laboratory;

vii. Rs. 200 crore for Maulana Azad Education Foundation;

viii. Rs. 10 crore for Centre for Development Economics and Ratan Tata Library, Delhi School of Economics, Delhi; and

ix. Rs. 10 crore for Madras School of Economics.

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