Hyderabad: For providing additional funds to research and infrastructure, the Higher Education Finding Agency (HEFA) has approved a total of about Rs 8049.47 crore to 12 higher education institutions, including Rs 500 crore to Indian Institute of Technology (IIT), Hyderabad.
“In a big push to improve the research infrastructure in higher education institutions, the HEFA board on Friday approved fresh projects for Rs 8049.47 crore of 12 higher institutions, taking a total HEFA approvals to over Rs 10,000 crores,” tweeted Prakash Javadekar, human resource development minister.
The approvals also include a total of Rs 976.89 crores to IIT, Tirupati, and about Rs 365.23 crore to the National Institute of Technology (NIT), Andhra Pradesh. IIT, Jammu, received an amount of Rs 1085.04 crores, and IIT, Jodhpur, was approved to receive about Rs 220 crore. The overall fund allocation for education has gone up from Rs 63,000 crore in 2013-14 to Rs 1, 10,000 crore in 2018-19, the minister said in his tweet.
