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15 central universities being established.


Byline: ANI

New Delhi, Feb 16 (ANI): An Ordinance was promulgated for establishing 15 central universities and in addition to this, six new Indian Institutes of Technology (IITs) in Bihar, Andhra Pradesh, Rajasthan, Orissa, Punjab and Gujarat have started functioning in 2008-09 while two more IITs in Madhya Pradesh and Himachal Pradesh are expected to commence their academic session in 2009-10.

This was stated by the Finance Minister, Pranab Mukherjee, while presenting the Interim Budget 2009-2010 in the Lok Sabha today.

He further said that two new schools of the Planning and Architecture at Vijayawada in Andhra Pradesh and Bhopal in Madhya Pradesh have started functioning. The teaching is expected to commence from academic year 2009-10 in four, out of six new Indian Institute of Management proposed for the Eleventh Plan in Haryana, Rajasthan, Jharkhand and Tamil Nadu.

"Due to a revision in Educational Loan Scheme by the Government, the number of beneficiaries has increased from 3.19 lakh lakh
Noun

(in India) 100 000, esp. referring to this sum of rupees [Hindi lākh]

Noun 1. lakh - the cardinal number that is the fifth power of ten
100000, hundred thousand
 to 14.09 lakh and the amount of loan outstanding has increased from Rs. 4,500 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>.

Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million
 as on March 31, 2004 to Rs. 24,260 crore as on September 30, 2008," he added. (ANI)

Copyright 2009 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency.  (ANI) - All Rights Reserved.

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Publication:Asian News International
Geographic Code:9INDI
Date:Feb 16, 2009
Words:211
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