Education gains this budget - 3 new IITs, 16 universities

March 3, 2008 by financeminister

Union budget saw an allocation of Rs 38,702 crore for education. Rs 27,850 crore is given for school education from which elementary education has been given Rs 19,777.50 crore. The Mid day meal scheme is to receive Rs 8,000 crore. The scheme will be extended to all children up to upper primary level (from classes 1 to 8).

Highlights -

• 3 new IITS - Bihar, AP, Rajasthan will get one each
• 16 new Central universities
• Rs. 750 crore for upgradation of 300 ITIs
• Rs 44 crore allocated for 22 Sainik schools
• Rs 85 crore allotted for student scholarships
• The mid day meal scheme to be extended to all children up to upper primary level (from classes 1 to 8).