Higher Education

Rs 500 cr fund this fiscal to boost higher education

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The fund will be allotted to The Rashtriya Ucchatar Shiksha Abhiyan (RUSA) to set up community colleges, research parks and innovation centres

New Delhi: The Rashtriya Ucchatar Shiksha Abhiyan (RUSA) aimed to increase the enrollment across higher education institutes might get Rs 500 crore for financial year 2013-14.

The allotment is also aimed at setting up of 200 community colleges in the country. It would also be utilised for setting up of research parks and innovation centres.

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HRD Ministry officials is looking at a substantial five per cent hike in the budget for the Ministry. The idea is to facilitate enhancement of quality of the teacher training programmes and improve the skill development initiatives.

The HRD Ministry is also planning to propose replacement of ‘norm-based’ funds in place of capital grants to central universities so as to take care of the customised needs of the institutions rather than overall capital grants.

The budget would also lay special focus on state universities, and student financial aid programmes.

The higher education sector had got Rs 15,458 crore and the school education was allocated Rs 45,969 crore in 2012-13 financial year budget.

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