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100 crores upgrade
May 27 , 2019
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- Ten high-performing state universities across India are set to undergo Rs 100 crore upgrade this academic year.
- The varsities have been selected under the Centre’s Rashtriya Uchchatar Shiksha Abhiyaan (RUSA) to promote excellence.
- They will also be mentored in various disciplines by 7 US universities, including the prestigious Cornell, UPenn and UC Berkeley.
- The varsities will establish special Campus Companies under the Companies act to receive funds directly from the Union Government.
- The underlying condition will be that the 100 crores should be spent by March 2020.
- Karaikudi Alagappa University, Hyderabad’s Osmania University, Savitribai Phule University have already formed their companies.
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