Eye on global rankings, govt to dole out Rs 20,000 cr to 20 educational institutes - Hindustan Times
close_game
close_game

Eye on global rankings, govt to dole out Rs 20,000 cr to 20 educational institutes

Hindustan Times, Kharagpur | ByKoushik Dutta
Aug 19, 2017 12:41 PM IST

Each of the 20 state-run and private educational institutions picked by the government will receive Rs 1,000 crore from the ministry of human resource development. This is part of the Centre’s plan to achieve international rankings in the next 10 years.

The Centre plans to extend crores of rupees in financial assistance to 20 state-run and private educational facilities over the next five years in an effort to propel them into the list of top 100 institutions across the globe. Ten institutions from each category will be picked for the purpose.

Human resource development minister Prakash Javadekar recently said that the Modi government was intent on reforming the country’s education sector.(Getty Images/iStockphoto)
Human resource development minister Prakash Javadekar recently said that the Modi government was intent on reforming the country’s education sector.(Getty Images/iStockphoto)

Each institution will receive Rs 1,000 crore from the ministry of human resource development (HRD), higher education department secretary Kewal Kumar Sharma said in an address to students and faculty members during the 67th Foundation Day of IIT Kharagpur on Friday. “Institutions will have to write to the ministry for availing the financial aid. You can ask for it too,” he said.

Hindustan Times - your fastest source for breaking news! Read now.

The Modi government was intent on reforming the education sector, HRD minister Prakash Javadekar had said recently, adding that India will “achieve international rankings in the next 10 years”.

Sharma said the HRD ministry has also decided to give a monthly allowance of Rs 70,000 to every research fellow covered under the Prime Minister Research Fellowship programme. According to IIT Kharagpur students, research fellows currently receive around Rs 25,000 a month.

“This is a very good scheme. It will help research projects and the nation in the long run,” said IIT Kharagpur director Partha Pratim Chakrabarti. The institute will apply for the special grant and strive to achieve global ranking, he added.

Not a single Indian university had appeared in the top 100 list of the Times Higher Education (THE) World Reputation Rankings, released in June this year.

Unveiling 'Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections.Watch now!

Get latest news on Education, Bihar Board Result, CBSE Board Result 2024 along with Board Exam, Competitive Exam and Exam Result at Hindustan Times. Also get latest Job updates on Employment News
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, March 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On