The University of Madras has received ₹50 crore from the Ministry of Human Resource Development for upgrading its research capabilities. It is among the 150 universities and colleges chosen for the project across the country.
A total of 10 universities belonging to category I will get ₹100 crore and 17 universities falling into category II will receive fund of ₹50 crore.
Madras University Vice-Chancellor P. Duraisamy told The Hindu the grant was for “research, innovation and quality improvement” under phase 2 of the Rashtriya Uchchatar Shiksha Abhiyan.
“About ₹15 crore will be used for improving employment opportunities of students and entrepreneurship development. The rest, ₹35 crore, will be used for innovative research and collaboration with a top foreign university,” he said.
The V-C further added, “The MHRD has identified 15 top Universities like Harvard, MIT and UC Berkeley. We will identify one or two Universities in due course depending upon our research strength and collaborate.”