Prime Minister Narendra Modi on Saturday said the Government intends to unshackle these institutions and provide Rs 10,000 crore to 20 varsities to ensure that they are counted among the best in the world.
Addressing a function on the centenary celebrations of the Patna University here, he said measures like grant of central status were “a thing of the past” and his government has taken “a step forward” towards making 10 private universities and 10 government ones world class.
“My government took an important step towards unshackling the IIMs, freeing them from the clutches of restrictions and regulations set by the government.
We intend to do the same for our universities and ensure that our centres of higher learning figure among the best 500 in the world,” Modi said in Patna.