New Delhi — The Indian government is following through on its pledge to expand higher education by increasing its budget by an unprecedented 40 percent, to $3.1-billion, for 2009-10, according to a news release. The new allocation exceeds the 21-percent increase already promised in the government’s interim budget, announced in February.
The government has also allotted an extra $435-million to the prestigious Indian Institutes of Technology and the National Institutes of Technology, and $170.5-million more to open 16 central universities in states that lack one. In keeping with its agenda of inclusive economic growth, the government has also announced interest-free loans for disadvantaged students to take technical and professional courses.
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