India provides Rs 100 cr educational assistance to Sri Lanka

20 January 2012: As part of its efforts to assist Sri Lanka in developing human resources, India has announced a massive expansion of its educational assistance provided to students in this country at a cost of Rs 100 crore by increasing slots in various academic courses.

The new programmee would be implemented during a period of three years and will cover the course fee, cost of books, boarding and lodging and a monthly stipend to the scholars.This marks a three-fold increase, and includes 120 slots for undergraduate courses, 25 seats for IT engineering, 50 slots for Masters-level courses, and 40 slots for a highly-subsidised self-financing scheme.

Source: Economic Times