The Union Finance Minister Shri Pranab Mukherjee has proposed special grants to recognize excellence in universities and academic institutions in the Union Budget 2011-12. The following institutions / universities will be given special grants during the course of 2011-12 :
i. Rs. 50 crore each to upcoming centres of Aligarh Muslim University at Murshidabad in West Bengal and Malappuram in Kerala;
ii. Rs. 100 crore as one-time grant to the Kerala Veterinary and Animal Sciences University at Pookode, Kerala;
iii. Rs. 10 crore each for setting up Kolkata and Allahabad Centres of Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya, Wardha;
iv. Rs. 200 crore as one time grant to IIT, Kharagpur;
v. Rs. 20 crore for Rajiv Gandhi National Institute of Youth Development, Sriperumbudur, Tamil Nadu;
vi. Rs.20 crore for IIM, Kolkata, to set up its Financial Research and Trading Laboratory;
vii. Rs. 200 crore for Maulana Azad Education Foundation;
viii. Rs. 10 crore for Centre for Development Economics and Ratan Tata Library, Delhi School of Economics, Delhi; and
ix. Rs. 10 crore for Madras School of Economics.
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