SRINAGAR: The Human Resource Development (HRD) Ministry today signed a Memorandum of Understanding (MoU) for the third phase of Technical Education Quality Improvement Programme (TEQIP-III) with 18 states and a Union Territory for improving the overall standard and quality of technical institutes.
Jammu and Kashmir is among the states who signed MOU with HRD in New Delhi, an official spokesperson said in a statement here today. He said to be implemented as a ‘central scheme’ from April 2017 with assistance from the World Bank, the project has an outlay of Rs 2660-crore. It will be coterminous with the 14th Finance Commission (2019-20).
An estimated 200 Government and Government-aided engineering institutes and Affiliating Technical Universities (ATUs), including Centrally Funded Technical Institutions (CFTIs), will benefit from the project.
Autonomous institutes will be entitled to funds of up to Rs 15-crore, non-autonomous institutes up to Rs 10-crore, ATUs up to Rs 20-crore and mentor institutions up to Rs 7-crore. (AGENCIES)
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