NMEICT aims to provide 20 broadband connections (of 512 kbps speed) to over 25,000 colleges and 2,000 polytechnics apart from optical fibre connectivity (of 1 gbps speed) to 419 universities and university level institutions.
Human Resource Development Minister Smriti Irani informed the Lok Sabha that Rs 927 crore has been allocated for the mission during 2011-12 till end of July this year.
Out of the total amount, Rs 730 crore has been spend, she said during Question Hour.
NMEICT has three components -- content generation, providing connectivity to colleges and universities, and research and development of low cost access device.
Under the mission, funds are released to university and university level institutions.
"For connectivity to universities and colleges, central share of 75 per cent of the cost is directly released to the BSNL/MTNL (implementing agency) with the stipulation that the balance 25 per cent of the cost (10 per cent in case of institution of North East Region) would be deposited by the concerned institution directly to BSNL/MTNL," Irani said.