Delhi University will receive a grant of INR 33 crore from the Union Government as the first installment of the INR 100-crore special grant promised to the institution last year. 'This is the first part of that grant. In fact, we will soon get the next instalment also,' said Vice-Chancellor Deepak Pental on Tuesday.
He added, 'We will spend most of this INR 33-crore grant on buying equipments for the new M.Tech courses. The second installment will be used for creation of new facilities for the Faculty of Management Studies that will be shifted to the South Campus and the Department of Mathematical Sciences.' Professor Pental also said the University planned to send some faculty members abroad to study certain subjects. 'Several Western universities have good courses in subjects like mathematical finance and bioinformatics. Our teachers will go and study these subjects.'