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The Indian Human Resources Development
Ministry has requested an increased
allotment of Rs.8.8 billion to invest
in engineering and management
education. The need for this massive
investment is necessitated by the
exponential growth of private
technical colleges and demand for such
talent. Currently, the Government
spends only .4% of its total spend and
4% on education spend on technical
education. The Government plans to
allocate a lot of this money to second
rung institutions to increase equity,
access, and quality. There is also a
proposal to increase investments in
specialized institutes such as the
Indian School of Mines at Dhanbad,
National Institute of Industrial
Engineering, National Institute of
Foundry and Forge Technology, School
of Planning and Architecture, and the
Indian Institute of Science Education
and Research at Pune and Kolkata. New
schools of bio-sciences and medicine
at the Indian Institute of Technology
at Khagpur and Kanpur are being
considered. |
