Archive · 8 Aug 2025
Cabinet Approves ₹4,200 Crore Plan to Boost Technical Education
The Indian government has approved a plan called MERITE to spend ₹4,200 crore to improve technical schools and colleges.
This plan will start in 2025 and run for four years, affecting 275 institutions across the country.
The World Bank is lending half of the money.
The goal is to enhance the quality of education, help students find jobs, and make schools better.
It will include updated courses, internships, and research centers to help students succeed.
The Union Cabinet approved the MERITE scheme to improve technical education.
The scheme has a total outlay of ₹4,200 crore from 2025-26 to 2029-30.
₹2,100 crore of the funding comes from a World Bank loan.
The scheme aims to improve quality and governance aligning with NEP-2020.
Approximately 7.5 lakh students across 275 institutions are expected to benefit.
- Who
- The Union Cabinet, the World Bank, technical institutions, and students.
- What
- The implementation of the MERITE scheme for improving technical education.
- When
- From 2025-26 to 2029-30.
- Where
- Across India, focusing on 275 technical institutions.
- Why
- To improve the quality, equity, and governance of technical education, and enhance student employability.
- Scheme Name
- MERITE (Multidisciplinary Education and Research Improvement in Technical Education)
- Total Investment
- ₹4,200 crore
- External Assistance
- ₹2,100 crore from World Bank
- Implementation Period
- 2025-26 to 2029-30
- Target Institutions
- 275 (175 Engineering, 100 Polytechnics)
- Objective
- Improve quality, equity and governance in technical education
- Expected Beneficiaries
- Approximately 7.5 lakh students
Sources
Rajya Sabha members seek outcome of NEP 2020; govt highlights transformative impact
A Rs 4,200 crore plan to improve technical education in India has been approved by the cabinet
Cabinet approves Rs 4,200-crore scheme to boost technical education
SubscriberWrites: Global vision, Bharatiya roots–How NEP 2020 is making India a knowledge hub
Cabinet Approves ₹4,200 Crore MERITE Scheme To Boost Technical Education Across India
Cabinet okays Rs 4,200 crore scheme to upgrade technical education in India
