Advertisement

Help
You are here: Rediff Home » India » Business » Report
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

Govt plans 20 new IIITs
 
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
Advertisement
December 20, 2007 19:46 IST
The government on Thursday said it would open up to 20 IIITs across the country in partnership with the industry, for which a sum of Rs 100 crore (Rs 1 billion) has been approved.

Planning Commission member secretary Rajeeva Ratna Shah said the National Development Council (NDC) has approved setting up of the new IIITs, which will be co-funded by industry associations and other business houses.

Shah said industry associations that have a clear-cut vision for setting up the institutes would be entitled to receive a part of the approved Rs 100 crore.

"The government is also working towards ensuring broadband accessibility to almost every citizen in the country covering 97 per cent of geographical area by 2012," he said.

The two policy decisions were approved by NDC at its meeting in New Delhi under the chairmanship of Prime Minister Manmohan Singh, he added.


© Copyright 2007 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 Email this Article      Print this Article

© 2007 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback