20 world class universities in India on the anvil

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The Union Cabinet has given its approval for the creation of 20 world-class institutions in the country. Earlier in February, the University Grants Commission (UGC) had y passed a new set of regulations to set up 20 world-class institutions — 10 in the public sector and 10 in the private sector.

Of the 20 universities, first proposed in this year’s Budget, the 10 state-supported institutions are expected to receive public funding of up to Rs 500 crore each.