CABINET LD DEPOSITORY 2 LAST

\ (REOPENS DEL 101) (REOPENS DEL 101)\ The new IISER will involve a cost of Rs I52.79 crore, for\the initial three years (2016-19).\ The Indian Institutes of Science Education and Research\(IISER) have been declared as institutes of national\importance and are envisaged to carry out research in frontier\areas of science and to provide quality science education at\the under-graduate and post-graduate level.\ There already exist IISERs at Kolkata, Pune, Mohali,\Bhopal and Thiruvananthapuram, while another IISER was set up\at Tirupati in 2015.\ Speaking about the NAD, HRD officials said that initially\there was discussion that a Bill is needed but now it has been\felt that the Cabinet decision is the final approval. Around\Rs 60 crore has also been marked for it, officials said. PTI\ADS NAB\RG\