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Writeup AP 2011-12 - Punjab State Planning Board

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<strong>12</strong>8. To provide a network of higher learning - A Memorandum of Understanding<br />

(MoU) has been signed on <strong>12</strong>/11/2008 between state government & four founder supporters<br />

(Max India Limited, Bharti Enterprises, Hero Corporate Service Limited, Punj Lloyd<br />

Limited) and Indian School of Business, Hyderabad on PPP mode for the setting-up of ISB<br />

Mohali on the pattern of ISB Hyderabad. It has been decided in principle to transfer 70 acres<br />

of land in Knowledge City, Sector-81, Mohali. The foundation stone has been laid and the<br />

construction is progressing in full stream. The first academic session is likely to commence<br />

from April, 20<strong>12</strong>.<br />

<strong>12</strong>9. A Central University is being set up at Bathinda. The site has been finalized<br />

for setting up of Central University by the site selection committee of GoI. An amount of<br />

Rs. 166.00 crore has already been spent for the acquisition of 544 acres land in village Ghuda<br />

(Bathinda) for the establishment of Central University. This University has commenced its<br />

first academic session from academic year 2010-11 with M.Phil- PhD courses from<br />

temporary campus. However, construction work of university is yet to begin. Besides, a<br />

World Class University near Amritsar is to be set up over 800 acres of land. The site<br />

selection committee has visited Amritsar on 26-9-2009 but Government of India is yet to<br />

convey its approval.<br />

130. The state government has issued “<strong>Punjab</strong> Private Universities Policy – 2010”<br />

for the purpose of setting up of self financed private universities. Permission has already<br />

been granted for setting up of Chitkara University, Chandigarh-Patiala National Highway and<br />

DAV University at Jalandhar.<br />

131. There is a respectable increase of Rs. 2.50 lac to Rs. 5.00 lac for “<strong>Punjab</strong>i<br />

Sahit Rattan” award. The award money of the 14 Shiromani awards has been increased from<br />

Rs. 1.00 lac to Rs. 2.50 lac from the year 2008. Every year, 15 awards are presented to the<br />

sahitkars/writers/artists in the annual “Sanman Samagam”.<br />

TECHNICAL EDUCATION<br />

132. Technical education plays a vital role in human resource development by<br />

creating skilled manpower, enhancing industrial productivity and improving the quality of<br />

life. The <strong>Punjab</strong> <strong>State</strong> has 5 government promoted engineering colleges, 89 self financed<br />

42

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