NEW DELHI: Finance Minister Arun Jaitley said that five new IITs and IIMs will be set up across the country.

"I also intend to set up five more IITs (Indian Institutes of Technology) in Jammu, Chhattisgarh, Goa, Andhra Pradesh and Kerala," Jaitley said while presenting the budget for 2014-15.

"Five more IIMs (Indian Institutes of Management) would be set up in the state of Himachal Pradesh, Bihar, Odisha, Punjab and Maharashtra. I propose to allocate an amount of 500 crore for this."

Jaitley said that the country needs a large number of courses of higher learning which are of world class, and proposed the setting up of the Lok Nayak Jai Prakash Narayan National Center for Excellence in humanities in Madhya Pradesh.

The government will set up four new All India Institutes of Medical Sciences (AIIMS) in the country, Finance Minister Arun Jaitley said.

"We propose to set up four more AIIMS and 500 crore set aside for this. The four new AIIMS will be in Andhra Pradesh, West Bengal, Vidarbha and Purvanchal in Maharashtra," Jaitley said while tabling the union budget in parliament.

He also said that the other six AIIMS at Jodhpur (Rajasthan), Bhopal (Madhya Pradesh), Patna (Bihar), Rishikesh (Uttarakhand), Bhubaneshwar (Orissa) and Raipur (Chhattisgarh)have become functional.
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