The World Bank is going to lend Rs.228 crore to promote quality engineering education in Karnataka and 14 engineering colleges will get benefits from it",said the state Higher Education Minister V.S. Acharya.
10 Engineering colleges will be assisted financially to set up centres of excellence for research in various fields. The bank is extending the finances as a part of the central government's scheme of Technical Education Quality Improvement Programme (TEQUIP), intended to encourage post-graduate education in engineering and research, development and innovation.
Karnataka has over 180 engineering colleges, 14 government and the rest private. Around 60,000 students, several thousand from outside the state, get admitted every year into these colleges.
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Story first published: Tuesday, June 28, 2011, 11:26 [IST]