Submitting the government's initial full-year Budget, Finance Minister Arun Jaitley on Saturday made out good news for the education zone. Jaitley presented the formation of exclusive institutions such as AIIMS, IITs and IIMs all over states like Andhra Pradesh, Karnataka, Tamil Nadu, Jammu and Kashmir, Assam, Punjab and several more.
Here’s what we can await from the education division in the coming five years. AIIMS in Tamil Nadu, Jammu and Kashmir, Punjab, Assam, another AIIMS-like institution in Bihar, IIT in Karnataka and ISM Dhanbad upgraded to IIT, IIMs in Andhra Pradesh and Jammu and Kashmir, Centre for Film Production and Animation in Arunachal Pradesh.
Jaitley also suggested arranging an IT based student monetary aid system under the PM ‘Vidya Laxmi’ scheme to make sure that no student misses out on higher education because of absence of funds
An entirely IT based student financial aid scheme for higher education is also on the cards. A gross of Rs. 68,968 crore has been granted to the education department in the Union Budget 2015.
