Saturday, 31 July 2010
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India will invest 9 billion Indian rupees (US$189 million) on education through information and communication technology (ICT) this fiscal year, Finance Minister Pranab Mukherjee has announced.
Mukherjee added that India can gain economic advantage if it takes advantage of its young population by providing them with the right education and skills.
The government also allocated 21,130 million Indian rupees (US$434 million) to set up the new Indian Institute of Technology (IIT) and National Institute of Technology (NIT).
Another 8,270 million (US$170 million) will be used to establish a Central University in those states without one.
Special mention was made of the Punjab University at Chandigarh – one of the country’s oldest universities – which will get 500 million rupees (US$10.2 million) to upgrade its IT infrastructure.
The Indian Council of Forestry Research and Education, Dehradun was also awarded 1,000 million rupees (US$20.4 million) in recognition of its research and education contribution.
The ‘National Mission on Education through Information and Communication Technology’ aims to use ICT to provide high quality personalised and interactive learning over the internet for Higher Education students.
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