Larger the IITs, larger the funds: Sibal

IITs having large number of students can now get higher amount of non-plan grants from the government, HRD Minister Kapil Sibal said on Monday.

New Delhi: IITs having large number of
students can now get higher amount of non-plan grants from the
government, HRD Minister Kapil Sibal said on Monday.

"The non-plan grants to the IITs would be linked to the
students` strength. Larger the IITs, larger the funds," Sibal
told reporters after the meeting of the IIT Council, the
highest decision making body for the elite institutes.

The IITs at present are getting block grants from the
government under the non-plan allowance head.

The decision assume significance as the IITs have been
saying that the block grants are inadequate to meet the rising
cost, increase in salary and pension benefits.

The government had released Rs 525 crore on non-plan
funds to the IITs each in 2007-08 and 08-09.

Sibal said a committee would be set up to decide the pay
structure of the class-three employees.

Bureau Report

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
Tags: