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India's First National Rail and Transportation University
December 22 , 2017
2531 days
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- The Union Cabinet has approved the Ministry of Railways' transformative initiative to set up the first ever National Rail and Transport University (NRTU) in Vadodara to skill its human resources and build capability.
- The University will be set up as a Deemed to Be University under de novo category as per the UGC [Institutions Deemed to be Universities] Regulations, 2016.
- A not-for-profit Company under Section 8 of the Companies Act, 2013 will be created by the Ministry of Railways which shall be the Managing Company of the proposed university.
- The company will provide financial and infrastructural support to the university, and appoint Chancellor and Pro-Chancellor of the university.
- The funding of the new University/Institute is to entirely come from Ministry of Railways.
- It will support 'Startup India' and 'Skill India' by channelling technology and foster entrepreneurship, generating large scale employment opportunities.
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