Interest-free loans worth Rs 2,000 cr for IITs
Wednesday - November 29, 2017 1:50 pm ,
Category : EDUCATION
New Delhi Nov 29 (IANS) To encourage research in higher education institutions the government would provide Rs 2 000 crore interest-free loans to six institutions Human Resource Development Minister Prakash Javadekar announced on Wednesday.
"Happy to inform that today Higher Education Financing Agency (HEFA) Board would be approving Rs 2 000 crore interest-free loans for six institutions towards research academic and infra projects " the Minister said in a tweet.
The six institutions which would receive the loan include IIT Kanpur IIT Delhi IIT Bombay IIT Madras IIT Kharagpur and CSE National Institute of Technology Karnataka Surathkal.
--IANS
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