Mumbai, Calcutta and Madras universities each get Rs.1 bn
Mar 29, 2007 - 4:54:55 PM
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The implementation of the projects will provide additional facilities for research and training, creation of proper ambience for emergence of successful industries, creation and introduction of successful new products, filing of additional patents and availability of additional trained manpower in those fields.
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By IANS,
[RxPG] New Delhi, March 29 - The government will extend to the three universities of Mumbai, Kolkata and Chennai a special grant of Rs.1 billion on the occasion of their 150 anniversary celebrations.
The Cabinet Committee on Economic Affairs, which met under the chairmanship of Prime Minister Manmohan Singh, decided to approve a special grant of Rs.1 billion each to University of Mumbai, University of Madras and University of Calcutta for their research projects, Information and Broadcasting Minister Priya Ranjan Dasmunsi said Thursday.
These funds will be used by the universities for setting up of their centres of nanosciences and nanotechnology/bio-medical nanotechnology in a phased manner.
The implementation of the projects will provide additional facilities for research and training, creation of proper ambience for emergence of successful industries, creation and introduction of successful new products, filing of additional patents and availability of additional trained manpower in those fields.
The project will start from current academic year and will be complete by 2010-11, said Dasmunsi.
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