Rs.10,000 cr grant for 20 universities

Prime Minister Narendra Modi said it was a “blot“ that Indian universities do not figure among the top 500 of the world and added that the government has decided to give autonomy and Rs.10,000 crore to top 10 public and 10 private universities over the next five years to make them world-class.

Addressing the centenary celebrations of Patna University here in presence of Bihar Chief Minister Nitish Kumar, Modi said Indian universities such as Nalanda and Takshashila attracted students from all over the world.

Modi asked Patna University to compete for a place among the top 20 universities in the country and win Rs.10,000 crore central grant to develop itself into a world class institution. He said the top 20 universities would be selected by an independent jury.

Bihar chief minister Nitish Kumar had earlier made a fervent appeal to Modi to grant central university status to PU and said everyone was looking towards him with a lot of hope. This was the first time Modi shared the stage with Nitish Kumar after the JD(U) returned to the NDA fold.

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