Union cabinet approves launch of centrally sponsored scheme of PM SHRI Schools

Tags: National Government Schemes National News

The Union cabinet on 7 September approved the launch of a new centrally sponsored scheme of setting up PM Schools for Rising India, PM - SHRI Schools.

IMPORTANT FACTS -

• Under this scheme, more than 14,000 schools including Kendriya Vidyalayas and Navodaya Vidyalayas as well as schools run by State Governments and local bodies will be strengthened to emerge as PM-Shri Schools.

• Prime Minister Narendra Modi announced this scheme for the up-gradation and modernization of existing schools managed by the central and state governments as well as local bodies on Teachers' Day on 5 September.

• The total project cost for five years would be Rs 27,360 crore, of which the Centre's share would be Rs 18,128 crore.

• 187 lakh students will be benefited under this scheme.