Current Affairs - Miscellaneous - Discussion

India has formally launched an initiative to fund 1000 scholars from South East Asian countries to pursue PhD at its 23 Indian Institutes of Technology. It is a joint initiative of the Ministry of External Affairs and the Human Resource Development. The scheme has an initial budget of Rs. 300 crore. The funding will cover the entire cost of study and living expenses for up to 5 years of a PhD programme. The admission portal for the programme would be executed by IIT Delhi.