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World Bank to aid 12 AP colleges
Posted On:
20/07/2011
Updated On:
HYDERABAD : The World Bank has selected 12 engineering colleges from the state to extend financial aid under the `Technical Education Quality Improvement Programme' (TEQUIP).
Each college will get financial assistance of `4 crore in order to develop infrastructure and other facilities for students.
While the World Bank had received a total of 85 applications across the country this year, it selected 12 from Andhra Pradesh, the highest in the country.
The colleges which figure in the list are: Anurag Engineering College (Nalgonda), Aurora Scientific and Technological Research Academy (Hyderabad), Chaitanya Bharathi Institute of Technology, (Gandipet), Gokaraju Rangaraju Engineering College (Hyderabad), Madanapalle Institute of Technology and Science (Chittoor), Malla Reddy Engineering College (Hyderabad), Nizam Institute of Engineering Technology (Nalgonda), SriVishnu Engineering College for Women (Bhimavaram), Sri Vidyaniketan Engineering College (Chittoor), Vasavi College of Engineering (Hyderabad), VNR Vignana Jyothi Institute of Engineering and Technology (Hyderabad).
While the World Bank will provide 60 per cent of the funds, the state government and the college managements will have to bear 20 per cent each.
“Out of the 85 applications received by the World Bank from across India, 12 from Andhra Pradesh have been selected for the grant. No other state has so many colleges clearing the rigorous eligibility criteria to secure the grant. Some of the state colleges have got better grades than the National Institutes of Technology,“ said Mr K.Laxminarayana, the commissioner of technical education.
He said the colleges will have to utilise the funds to set up centres of excellence in multi-disciplinary areas and improve competence of faculty apart from enhancing enrolment in post-graduate education.
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