HYDERABAD: Telangana Chief Minister A. Revanth Reddy on Tuesday met Union Finance and Corporate Affairs Minister Nirmala Sitharaman in New Delhi and urged her to extend support for the establishment of Young India Integrated Residential Schools (YIIRS).
The Chief Minister informed the Union Minister that the State government plans to set up 105 YIIRS across Telangana.
According to the Chief Minister’s Office (CMO), he highlighted that through the YIIRS, quality education would be provided directly and indirectly to nearly four lakh students.
The Chief Minister also stated that the construction of the YIIRS and other educational institutions would involve an expenditure of Rs 30, 000 crore. He requested the Union Finance Minister to exempt the loans raised for this purpose from the Fiscal Responsibility and Budget Management (FRBM) limits, considering the large-scale investment in education infrastructure.
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