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The Union Cabinet approved a Rs 27,360-crore scheme for the development of over 14,000 schools across the country as PM Schools for Rising India (PM-SHRI), which is expected to benefit 187 lakh students. Under the scheme, over 14,000 schools, including Kendriya Vidyalayas and Navodaya Vidyalayas as well as schools run by state governments and local bodies, will be strengthened to emerge as PM-SHRI Schools. The main aim is to upgrade and modernize existing schools from amongst those managed by the central and state governments, as well as local bodies. The total project cost would be Rs 27,360 crore for five years, of which the central share would be Rs 18,128 crore.
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