20 New World Class Institutes for Research & Innovation in India: HRD Ministry

Published: | July 03, 2017
20 New World Class Institutes for Research & Innovation in India: HRD Ministry
  • 20 new research institutes to be set-up in India.
  • Government plans to invest more time in scientific researches for innovation in technology.
  • Rs. 79,686 crore was allocated to the education sector in Budget 2017.

At an address at the Indian Institute of Science (IISc) in Bengaluru, the Union Human Resources Development Minister Prakash Javedkar unveiled HRD Ministry’s plans to open 20 new world class institutes for Research & Innovation in India on June 30, 2017.

This move has been made to encourage youngsters to invest more time in scientific researches for innovation in technology. Mr. Javedkar envisioned sustainable prosperity in this field and assured continuous aids for premiere research institutes like IISc.

Also Read: UGC & AICTE Regulatory Frame Works set to improve by NITI Aayog & MHRD

He further emphasized that the implementation of Goods & Services Tax (GST) in India will bring enough funds to the government, which will then be utilized for health, education, research & innovation.

Also Read: Private Agencies to be introduced for Accreditation of Educational Institutes: MHRD

IISc Director Anurag Kumar were also present during the address. According to the 2017 budget, Rs. 79,686 crore was allocated to the education sector, compared to the Rs. 72,394 crore in 2016, an increase of Rs 7,292 crore.

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