<h1>Government Announces New IITs, IIMs, and Education Initiatives with Rs. 500 Crore Budget Allocation.</h1> The government announced the establishment of five new IITs in Jammu Kashmir, Chhattisgarh, Goa, Andhra Pradesh, and Kerala, and five new IIMs in Himachal Pradesh, Punjab, Bihar, Odisha, and Maharashtra, with a budget allocation of Rs. 500 crore. Additionally, a National Centre for Excellence in humanities will be set up in Madhya Pradesh. A new teachers' training program and significant funding for educational initiatives like Sarva Shiksha Abhiyan and Rashtriya Madhyamik Shiksha Abhiyan were also announced. Efforts will be made to provide basic amenities in girls' schools and develop virtual classrooms with a Rs. 100 crore budget.