Question
What is the total financial outlay approved for the
MERITE scheme (2025–26 to 2029–30) to improve technical education?ÂSolution
The Multidisciplinary Education and Research Improvement in Technical Education (MERITE) scheme will receive ₹4,200 crore over five years, half of which (₹2,100 crore) comes as a World Bank loan. It targets 275 institutions, focusing on digitalisation, multidisciplinary courses, skill development, research, and employability enhancement in line with NEP-2020.Â
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