Tag: grants

  • IITs get major boost of Rs 9600 crores in Union Budget 2023, Rs 8k crores allocated to grants – TheNewsCaravan Newspaper

    IITs get major boost of Rs 9600 crores in Union Budget 2023, Rs 8k crores allocated to grants – TheNewsCaravan Newspaper

    [ad_1]

    Indian Institutes of Technology, IIT has got a major boost with the unveiling of the Union Budget 2023. As per the Budget 2023, IIT has received a total outlay of around Rs 9,600 crores. Out of this, around Rs 8,000 crores have been allocated to the institutes as grants.

    Ministry of Education has a total outlay of Rs 1.13 lakh crores approximately. Out of these, the Department of Higher Education has received a total of Rs 44,094.62 crores. Under the outlay for the Higher Education Department, the budget for IIT stands at Rs 9,661.50 crores.

    IITs get major boost of Rs 9600 crores in Union Budget 2023, Rs 8k crores allocated to grants 1

    Grants to IITRs. 8791.50 crores
    Interest under HEFA loanRs. 270 crores
    Repayment of Principal of HEFA LoanRs. 300 crores
    Total support to IITRs. 9361.50 crores
    IIT Hyderabad (EAP)Rs. 300 crores
    Total OutlayRs. 9661.50 crores

    As mentioned, the majority of the funds allocated to IIT are towards the grants allocated to support the leading engineering and technology institutes. A total of Rs. 8791.50 crores have been allocated just to grants.

    What will these funds be used for?

    With IITs getting a major boost in funds, questions arise as to where these funds will go and how would they be utilised. It is expected that the budget allocated to IIT would likely work towards promotion and support towards enhancing Research and Development at these institutes.

    During her speech, Finance Minister Nirmala Sitharaman also shared details regarding the Lab Grown Diamonds scheme, which would be given to one IIT over a period of five years. Hence, the boost in funds is expected to be directly in relation with growth of R&D.

    Another way these funds could be utilised would be to promote engineering and technical education amongst India and abroad. The government has revealed plans to set up IITs abroad in countries such as United Arab Emirates, Malaysia and Jamaica.

    While they remain one of the top institutes, IITs tend to be short staffed. Hence, the funds are also expected to be used for recruitment of teachers and professors at IITs across India.

    Union Budget 2023 was presented on February 1, 2023 by Finance Minister Nirmala Sitharaman in the Lok Sabha. Under this new budget for ‘Amrit Kaal’, Education has received the maximum outlay.

    [ad_2]
    #IITs #major #boost #crores #Union #Budget #crores #allocated #grants #TheNewsCaravan #Newspaper

    ( With inputs from : www.TheNewsCaravan.com )

  • Billions in rail grants let Biden hail his infrastructure wins

    Billions in rail grants let Biden hail his infrastructure wins

    [ad_1]

    “For years, people talked about fixing this tunnel. With the bipartisan infrastructure law, though, we’re finally getting it done,” the pro-Amtrak president said Monday near a 150-year-old rail tunnel in Baltimore, where he hailed more than $6 billion in upgrades that will allow trains to travel through the city at up to 110 mph. Whistles from two Amtrak engines sounded off to mark the start of construction of a new tunnel, named after Frederick Douglass.

    Biden and Buttigieg are following that Tuesday with an appearance on the west side of Manhattan, where they will announce a nearly $300 million grant for a long-debated rail tunnel under the Hudson River. Both announcements stem from the bipartisan $1.2 trillion infrastructure law that Biden signed his first year in office, and the New York money will aid a project that the Trump administration had pointedly blocked.

    Beyond the benefits associated with the projects themselves, Biden aides have said they believe that they showcase his ability to strike deals across the aisle, in contrast with the partisanship on display in the new GOP-led House and the Republicans’ potential 2024 field.

    White House aides also said Biden himself, long a lover of trains, has said he was delighted to partake in the unveiling of rail projects so close together. And he has never tired of joking about the failures of his predecessor’s so-called “infrastructure weeks” when Biden himself can tout a legislative milestone that will stand for decades.

    “It lets people know that we’re really getting things done,” said Senate Majority Leader Chuck Schumer, a major backer of the project, in an interview with POLITICO. “It shows we can do big, important, necessary things when it comes to infrastructure.”

    The New York rail funding will go toward the first phase of the Gateway Program, a series of projects aimed at supplementing the crumbling, century-old tunnels that carry freight and passenger rail under the Hudson. It will also replace a decrepit rail bridge in New Jersey.

    The new tunnel — technically a pair of tunnels that can each carry a train — would reduce headaches facing commuters in and out of New York City and repair damage incurred during Hurricane Sandy in 2012. Top transportation officials have warned that if the aging tunnel fails it could have catastrophic impacts for the regional economy.

    Rep. Rob Menendez (D-N.J.), who represents the New Jersey side of the rail tunnel, said voters will begin to care about the new infrastructure investments when they start seeing tangible benefits to their commutes or travel times.

    “Once people have access to an updated rail line and they see fewer delays, better facilities and better experiences, that will immediately crystallize what all this work will be about,” he said.

    When Buttigieg visited Westfield, New Jersey in the summer of 2021 to promote what became the infrastructure law, Shelley Brindle, the mayor of Westfield, N.J., told him that delays and stressful commutes meant she was “never the mom I wanted to be.” Buttigieg has repeated her story during other infrastructure events.

    And that’s the kind of impact the administration hopes will stick in voters’ minds — not cable news footage of passengers stranded at airports for days on end, or fears that a rail strike could provoke shortages of electricity and drinking water.

    In Baltimore, Biden threw a bone to Buttigieg, who has faced weeks of Republican attacks for his handling of Southwest’s holiday debacle and a subsequent Federal Aviation Administration computer failure that snarled thousands of flights.

    “This is just one example of the great work you’re doing, Pete, I appreciate it a lot,” Biden said Monday, referring to the Baltimore project.

    Whether lawmakers will agree with that assessment remains to be seen.

    Sen. Maria Cantwell (D-Wash.), who oversees airlines from her perch as chair of the Senate Commerce Committee, and Rep. Sam Graves (R-Mo.), who chairs the House Transportation Committee, are both expected to hold hearings on the airline industry as well as its FAA overseers.

    In addition, their committees are actively working on a major aviation policy bill that is due to be finished by the end of September, which would be a natural vehicle to host any number of changes to the aviation system and DOT’s powers.

    During his remarks in Baltimore, Biden sounded the alarm for infrastructure investment and underscored that his administration is delivering. He warned that an inoperable tunnel in Baltimore or New York would be disastrous for commuters and the economy.

    “Over 2,200 trains run over this corridor every single day,” Biden said. “If this line shuts down, in just one day it would cost the country over $100 million.”

    The new grant money Biden will announce Tuesday is earmarked for installing concrete casing on the far west side of Manhattan, which will allow the future rail tunnel to connect to New York Penn Station. Construction is expected to begin this year and cost $600 million.

    Development of the tunnels still faces lingering hyperlocal obstacles, such as concerns about construction noise in one New Jersey town the tunnels will run beneath, along with competition for a key piece of land in Manhattan. If all goes as planned, work would begin in the fall of 2024.

    Rep. Josh Gottheimer, a Democrat who represents many New Jersey commuters, said the project is now a done deal thanks to the infrastructure law, which includes money specifically for mega projects like Gateway.

    “The good news is it’s full steam ahead. Now we just have to keep it on track,” Gottheimer said.

    Biden also used Monday’s speech to praise labor unions, some of whose members have criticized the way he intervened to head off the potential freight rail strike last year. He declared that the Baltimore and New York-New Jersey projects are “all union work.”

    Greg Regan, president of the AFL-CIO’s Transportation Trades Department, praised the administration’s insistence that big-ticket projects like the Gateway Tunnel and Baltimore rail tunnels be constructed with collective bargaining agreements between building trade unions and contractors.

    “If you’re looking at what the administration’s done, there’s a clear focus on getting money out the door but getting money out the door in the right way,” said Regan.

    Jonathan Lemire contributed to this report.

    [ad_2]
    #Billions #rail #grants #Biden #hail #infrastructure #wins
    ( With inputs from : www.politico.com )

  • Biden grants Hong Kongers in the U.S. a 2-year deportation reprieve

    Biden grants Hong Kongers in the U.S. a 2-year deportation reprieve

    [ad_1]

    biden classified documents strategy 78023

    The White House has also expanded the number of people who may benefit from DED by allowing any Hong Kong residents present in the U.S. today, Jan. 26, to apply for the program.

    “With this action, we are demonstrating again President Biden’s strong support for the people of Hong Kong in the face of increasing repression by the PRC,” the National Security Council said in a statement.

    U.S.-based pro-democracy activists who have been lobbying the White House for months to extend DED welcomed the White House decision. Hong Kongers in the U.S. “can breathe a sigh of relief,” said Samuel Chu, president of the nonprofit The Campaign for Hong Kong. The expanded eligibility criteria means that “even more lives will be preserved and protected from persecution, rigged trials, long jail sentences, and loss of freedom,” Chu said.

    The Chinese government has bristled at the deportation protection provided to Hong Kong residents in the U.S.

    “The U.S. provided so-called ‘safe haven’ for anti-China insurgents fleeing overseas under the pretext of democracy and human rights, further exposing its sinister intention to jeopardize the peace of Hong Kong and to use the ‘Hong Kong card’ to contain China’s development,” Chinese embassy spokesperson Liu Pengyu said in a statement earlier this month.

    The Biden administration first issued the deportation reprieve in August 2021, due to concerns about “the significant erosion” of rights and freedoms in Hong Kong. It granted an estimated 3,860 Hong Kong citizens present in the U.S. on that date the right to live and work in the U.S. for 18 months.

    But repression in the territory has worsened during that time as government authorities have launched a prolonged crackdown to silence democracy activists and muzzle media. Police enforcement of the National Security Law, which imposes severe penalties for ambiguously defined crimes including “subversion” and “collusion with foreign countries” has led to the arrests of more than 160 people since June 2020 for crimes including organizing informal public opinion polls. Lawyers who represent victims of human rights abuses are fleeing the territory in the face of threats and intimidation.

    The NSC said in its statement that Beijing is using the National Security Law to “deny the people of Hong Kong their human rights and fundamental freedoms, undermine Hong Kong’s autonomy, and chip away at Hong Kong’s remaining democratic processes and institutions.”

    House Foreign Affairs Committee Ranking Member Gregory Meeks (D-N.Y.) urged the White House earlier this month to “take immediate steps” to extend the program. Sens. Jeff Merkley (D-Ore.), Tim Kaine (D-Va.) and Rep. Jim McGovern (D-Mass.) called for a DED extension of “another 18 months at a minimum,” in a letter last week.

    Hong Kong pro-democracy activists are seeking congressional support to grant Temporary Protected Status to Hong Kongers to eliminate the uncertainty of DED extensions.

    Renewing DED is “the bare minimum,” said Anna Kwok, executive director of the nonprofit Hong Kong Democracy Council. It “resets a countdown clock for Hong Kongers in the U.S. until the next wave of uncertainty and anxiety inevitably hits.”

    [ad_2]
    #Biden #grants #Hong #Kongers #U.S #2year #deportation #reprieve
    ( With inputs from : www.politico.com )

  • Allahabad HC grants bail to man who threatened to demolish Gyanvapi

    Allahabad HC grants bail to man who threatened to demolish Gyanvapi

    [ad_1]

    Prayagraj: The Allahabad High Court has approved the anticipatory bail plea of Vishwa Hindu Sena general secretary, Digvijay Choubey, who had threatened to demolish the disputed Gyanvapi complex in Varanasi.

    Besides approving the bail plea, the court also invoked a ban on his arrest. Digvijay Choubey had threatened to “make the condition of Gyanvapi like Babri”.

    However, the anticipatory bail has been granted until the police file the chargesheet.

    The bail plea was heard by Justice Subhash Chand Sharma.

    In August 2022, Choubey had announced to perform religious rituals on the disputed premises. He also threatened to demolish the disputed premises. He was arrested after a case was filed against him at the Bhelupur police station in Varanasi.

    Subscribe us on The Siasat Daily - Google News

    [ad_2]
    #Allahabad #grants #bail #man #threatened #demolish #Gyanvapi

    ( With inputs from www.siasat.com )