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Centre Approves Additional Funds For CUO In Koraput

by OB Bureau
January 16, 2019
in India, Odisha
Reading Time: 1 min read
Centre Approves Additional Funds For CUO In Koraput
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New Delhi: The Centre on Wednesday approved Rs 3639 crore for 13 new central universities, including one in Odisha, for completion of campus, creation of necessary infrastructure and other recurring expenditure.

The new Central Universities in Odisha, Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir (Two), Jharkhand, Karnataka, Kerala, Punjab, Rajasthan and Tamil Nadu were established under Central Universities Act, 2009. The central university in Odisha is located in Koraput.

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The Union Cabinet chaired by Prime Minister Narendra Modi also gave ex-post facto approval for an amount of Rs.1474.65 crore, which will be over and above the Rs 3000 crore already approved for these Central Universities.

The additional allocation of resources will help in increasing access to higher education and set exemplary standards for other Universities to emulate, said a government statement after the Cabinet’s decision.

It will also help in minimizing the regional imbalances in educational facilities, it added.

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