1,000 new polytechnics planned in India

New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has decided on a financial allocation for the 1,000 new polytechnics to be set up across the country at a total cost of Rs 737.82 crore.

Of these, 300 polytechnics are to be set up with a one-time Central grant of Rs 12.3 crore a polytechnic to meet the capital cost.

Another 300 polytechnics would be set up under the private-public partnership (PPP) mode with partial funding of Rs 3 crore a polytechnic from the Central Government. The rest 400 polytechnics would be set up through private funding.

It has also been decided to strengthen the existing polytechnic system by granting funds of up to Rs 2 crore a polytechnic for 500 polytechnics. As one of the components to give incentive to women, grants were also proposed for construction of women’s hostels in over 500 polytechnics at a cost of Rs 1 crore each.

The total outlay for the entire scheme has been estimated at Rs 6,828 crore to be spent during 11th and 12th Plan period.

The CCEA also approved a proposal for merger, revision and continuation of support to voluntary agencies for adult education and skill development during the 11th Plan.