Sibal’s latest: Corp with Rs 10k cr purse to fund new universities

Your Education is Our World

In a major step aimed at attracting serious players in higher education and ensuring that existing ones do not face financial constraints for expansion, HRD ministry has mooted the idea of a National Higher Education Finance Corporation (NHEFC).

HRD minister Kapil Sibal told TOI on Friday that such a body is needed for higher education. He said the ministry is examining the proposal and an internal note has been circulated. ‘‘It is difficult to finance new higher educational institutes through plan expenditure alone,’’ he said, adding that a final decision is yet to be taken. But sources said NHEFC could be on top of the ministry’s next 100 days’ agenda.

To read full article click here

Advertisements

Leave a comment

Filed under Education India

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s