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Key Features of Interim Budget 2009-2010
ral Universities. In addition to 6 new Indian Institutes of Technology (IITs) in Bihar, Andhra Pradesh, Rajasthan, Orissa, Punjab and Gujrat which started functioning in 2008-09, two more IITs in Madhya Pradesh and Himachal Pradesh are expected to commence their academic session in

2009-10. 5 Indian Institute of Science Education and Research (IISER) announced

earlier have become functional. 2 new schools of Planning and Architecture at

Vijayawada and Bhopal have started functioning. Teaching is expected to commence

from academic year 2009-10 in four out of six new Indian Institute of Management

proposed for the Eleventh Plan in Haryana, Rajasthan, Jharkhand and Tamil Nadu.

 

�� Due to revision in Educational Loan Scheme by the Government number of

beneficiaries increased from 3.19 lakh to 14.09 lakh and amount of loan outstanding

increased from Rs.4,500 crore as on March, 31, 2004 to Rs.24,260 crore as on

September 30, 2008.

 

�� 500 ITIs upgraded into centers of excellence. National Skill Development

Corporation created in July, 2008 with initial corpus of Rs. 1,000 crore.

 

Social Sector

 

�� Authorised capital of National Safai Karamchari Finance and Development

Corporation (NSKFDC) is being raised from Rs.200 crore to Rs.300 crore.

 

�� Scope of the pre-metric scholarship for children of those engaged in unclean

occupations expanded and rates of scholarship doubled in 2008-09. Annual

ad-hoc grant increase



 
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