New Delhi, June 26 : The Union Cabinet today gave its approval for the setting up of two Schools of Planning and Architecture (SPAs) at Bhopal in Madhya Pradesh and Vijayawada in Andhra Pradesh.
It also approved the creation of four core posts of director and registrar for each Institute with immediate effect.
The total cost for the setting up of the two SPAs would be Rs.348.50 cores (Recurring expenditure Rs.82.90 cores and Non-Recurring expenditure - Rs.265.60 crores). The project would be completed by 2012-13.
These institutes would integrate graduate, post-graduate, doctoral and post-doctoral education in architecture and town planning while at the same time fostering research of a high order in these areas.
Research in such areas can generate significant intellectual properties, which has the potential for generating sizeable revenues.
These Institutes will create a cadre of high calibre faculty members who will be devoted to teaching, research and consultancy in all disciplines that deal with Planning and Architecture.
The SPAs will also be socially responsible institutions providing research feedback to the Government for physical development of human settlements
The institutes would also contribute to highly competent and trained manpower that would inevitably impact positively on the economic growth of the country.