Don’t miss the latest developments in business and finance.

Goa govt launches scheme to strengthen infra in schools

Image
Press Trust of India Panaji
Last Updated : Jun 26 2013 | 5:40 PM IST
Schools in Goa would now be able to upgrade or set up infrastructure, including for IT services, and even acquire land for the purpose, courtesy a dedicated scheme announced by the state government today.
Chief Minister Manohar Parrikar told reporters that the scheme has been approved by the state Cabinet with the financial implication being pegged at Rs 50 crore annually.
"While primary schools will be given Rs 50 lakh each, high schools Rs one crore each and higher secondary schools Rs two crores for the purpose," Parrikar said.
The chief minister said that 50 per cent of the total allocation would be made in the form of grants and rest as interest-free loan, which can be repaid over next 15 years.
Though nearly 276 schools are eligible for this scheme, only 30 schools would get the benefit for the current academic year, Parrikar said.
"The funds provided for the infrastructure creation can also be used to acquire land and also to install IT services like wi-fi and CCTV," he said.
State-run Education Development Corporation has been named as a nodal agency to implement the scheme, a revised version of the earlier scheme wherein schools were asked to mortgage their properties to avail the benefit.

More From This Section

First Published: Jun 26 2013 | 5:40 PM IST

Next Story