CCEA approves proposal for initiation of 3rd phase of TEQIP

The Cabinet Committee on Economic Affairs (CCEA) and approved the proposal for initiation of the 3rd Phase of Technical Education Quality Improvement Programme (TEQIP).

The project will be implemented as a ‘Central Sector Scheme’ with total project outlay of Rs. 3600 crore. However, the project would be initiated with a cost of Rs. 2660 crore, with the possibility of additional financing of Rs. 940 crore at later stage. Out of the Rs.2660 crore, the Central share will be Rs.1330 crore and external assistance from the World Bank through International Development Association (IDA) Credit of Rs. 1330 crore ($ 201.50 million as first tranche).

So let’s discuss some questions related to this post:
1. Expand the terms TEQIP and CCEA?
2. The CCEA and approved the proposal for initiation of the 3rd Phase of Technical Education Quality Improvement Programme (TEQIP). Click here for Hindi News

Source – Business Standard


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