“The government has decided to establish 20 world class institutions across the country to encourage the young talent and promote innovation in science and technology,” said HRD Minister Prakash Jadadekar .
In order to promote research and innovation in India, the BJP-led government has recently decided to set up 20 world class institutes in India.
This announcement was made Union Human Resources Development Minister Prakash Javadekar at recent event held at Indian Institute of Science (IISc).
Here’s what Prakash Jadadekar said:
“The government has decided to establish 20 world class institutions across the country to encourage the young talent do research and promote innovation in science and technology,” Javadekar said in recent IANS report.
Further, the minister said if more students would take admission in research related courses then sustainable prosperity could be achieved.
The IISc would not face a financial crunch as it would be adequately funded, Javadekar added.
Meanwhile, the long awaited new indirect tax regime (GST) came into force on July 1 across the country after President Pranab Mukherjee unveiled it in Parliament.
Benefits of GST in education sector:
“GST (Goods and Services Tax) will enable the government to provide more funds to health, education, research and innovation,” reiterated Javadekar while interacting with the faculty and research scholars of the premier institute.
Earlier, the Finance Minister Arun Jaitley while presenting the Union budget 2017-2018 in Lok Sabha announced varied benefits for the education sector, Arun Jaitley said focus will be on energising youth and create jobs.
Further, from Rs 72,394 crore education funding in 2016 a hike of Rs 7,292 crore is seen i.e. Rs 79,686 crore this year.
[Source”indianexpress”]
