IITH gets approval for joint project with the Japanese Government
The Cabinet Committee on Economic Affairs has approved the collaboration project of Indian Institute of Technology Hyderabad (IITH) under the Official Development Assistance (ODA) loan by Government of Japan and grants by Ministry of Human Resource Development (MHRD), Government of India.
The project costing Rs 1,776.50 crore will be financed out of the ODA loan of Rs 1,501.72 crore from the Government of Japan. The balance of Rs 274.77 crore represents the 15.5% non-eligible portion of the project. This balance is the Indian portion to be met from grants by MHRD over a period of four years starting from 2013-14 to 2016-17.
The project is aimed at creating value addition through collaborative interactions with academics and the industry of Japan and exchange of students and faculty.
Further, it aims at enhancing cooperation between the two nations in the area of science & technology and human resource development. For the Indian side, the project would also help in creation of a number of basic infrastructure facilities and faster scaling up of a quality institution viz. IIT Hyderabad with benefits for the Indian economy.
IIT Hyderabad is one of the eight new IITs established by the government in 2008 at an estimated cost of Rs 760 crore based on the Cabinet’s approval in July, 2008.
The IIT Hyderabad and Japan collaboration is an externally aided central sector project emanating from the broader Indo-Japan Collaboration and agreement between the Prime Ministers of India and Japan for a Japanese loan to fund specific projects of IIT Hyderabad.
If You are thinking about get medicaments online, now it is the best moment to get it. You can order medicines direct your home. Betweentimes folk are looking for remedies to resolution sexual dysfunction. If you’re concerned about erectile disorder, you have to learn about “Propecia buy online“. This remedy has been on the market for definite years in sundry countries. How you can find more information about cost cialis? Sundry pharmacies describe it as cheapest pharmacy for cialis. Happily most of problems with sexual heartiness can be treated. There are side effects possible with any type of drug.