Ten of these colleges will also be helped financially to set up centres of excellence for research in various fields, he told reporters.
The bank is extending the finances as part of the central government’s scheme of Technical Education Quality Improvement Programme (TEQUIP), intended to encourage post-graduate education in engineering and research, development and innovation, the minister added.
Karnataka has over 180 engineering colleges, 14 government and the rest private. Around 60,000 students, several thousand from outside the state, get admitted every year into these colleges.
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