The Union Finance Minister Shri Pranab Mukherjee has proposed special grants to recognize excellence in universities and academic institutions in the Union Budget 2011-12.  The following institutions / universities  will be given special grants during the course of 2011-12 :

 

                                                        i.            Rs. 50 crore each to upcoming centres of Aligarh Muslim University at Murshidabad in West Bengal and Malappuram in Kerala;

                                                      ii.            Rs. 100 crore as one-time grant to the Kerala Veterinary and Animal Sciences University at Pookode, Kerala;

                                                    iii.            Rs. 10 crore each for setting up Kolkata and Allahabad Centres of Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya, Wardha;

                                                    iv.            Rs. 200 crore as one time grant to IIT, Kharagpur;

                                                      v.            Rs. 20 crore for Rajiv Gandhi National Institute of Youth Development, Sriperumbudur, Tamil Nadu;

                                                    vi.            Rs.20 crore for IIM, Kolkata, to set up its Financial Research and Trading Laboratory;

                                                  vii.            Rs. 200 crore for Maulana Azad Education Foundation;

                                                viii.            Rs. 10 crore for Centre for Development Economics and Ratan Tata Library, Delhi School of Economics, Delhi; and

                                                    ix.            Rs. 10 crore for Madras School of Economics.

Special grants to universities allocated to select institutions under the Union Budget 2011-12 proposals for academic excellence. The Union Budget 2011-12 proposed special grants to specified universities and academic institutions during 2011-12 to support establishment of new centres, research infrastructure, libraries and institutional development, naming beneficiaries such as Aligarh Muslim University centres, Kerala Veterinary and Animal Sciences University, Mahatma Gandhi Antarrashtriya Hindi Vishwavidyalaya centres, IIT Kharagpur, Rajiv Gandhi National Institute of Youth Development, IIM Kolkata, Maulana Azad Education Foundation, Delhi School of Economics and Madras School of Economics.