Rs 7.49 Crore in Grant given to Colleges in Goa

Posted By: PTI

Panaji, January 28, 2016: Goa government today distributed more than Rs 7.49 crore in grants under the Union Government's Rashtriya Uchchatar Shiksha Abhiyan to various colleges in the state, including the Goa University.

The state's contribution is 40 per cent while the remaining money comes from the Centre. "Despite a financial crisis, the government agreed to contribute for this scheme.

The state government had earmarked Rs 16 crore for this scheme in 2015-16 budget," Chief Minister Laxmikant Parsekar said, speaking at Porvorim after distributing the funds. Of the grants disbursed today, Rs 4.5 crore came from the Centre and Rs 2.99 crore from the state coffers, he said.

Rs 7.49 Crore in Grant given to Colleges in Goa

Goa was the only state which provides grant-in-aid to almost 90 per cent educational institutions, he said, while in other states only the government-run institutions get funds.

The Centre has sanctioned Rs 20 crore for the Goa University and Rs 2 crore each for eight colleges in the first phase.

Quepem government college has been designated as a 'model degree college' and will get Rs four crore in grant, to be released once it submits a detailed project report, the Chief Minister said.

PTI

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