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PM Narendra Modi approves six new IITs funds: 4 Old IITs got 456 crores

Six new IITs 2020

PM Narendra Modi approves six new IITs: In a recent meeting presided by Prime Minister Shri Narendra Modi gave green signal to the project proposed by Cabinet of 7002 Crores rupees. These premium educational institutes (IITs) are going to be set up at Palakkad (Kerala), Jammu (Jammu and Kashmir), Tirupati (Andhra Pradesh), Dharwad (Karnataka), Bhilai (Chhattisgarh) and Goa.

EntranceZone · Latest Update

Latest Update as on 11 Oct 2026

Checked on 14 Oct 2026

No official fresh update has been published on this IIT funding item yet; students should keep checking the Government of India and Ministry of Education channels for any formal release on the next approval or allocation step.

Key highlights
ExamLatest Update as on 11 Oct 2026
StatusA fresh official press note or PIB release would be the most likely first confirmation if the funding decision is updated; timing is not officially known.
Next expectedAny campus-wise fund allocation details are expected only after an official Ministry of Education or PIB communication; no date is confirmed.
Official websiteeducation.gov.in
Last verified14 Oct 2026

As of 11 Oct 2026, no official source has confirmed any fresh update on the PM Narendra Modi approves six new IITs funds: 4 Old IITs got 456 crores item. That means the story is still at an unverified stage for readers looking for the next actionable development. The most reliable next step is to watch for a formal release from the Ministry of Education or PIB, since those channels would confirm any new sanction, allocation, or implementation detail. Until such a notice appears, the current status should be treated as unchanged. Students and exam readers should avoid relying on social posts or secondary coverage alone and check the official government release first. For live verification, follow updates on education.gov.in. Official website: education.gov.in.

◷ Expected based on previous-year pattern — not official
  • A fresh official press note or PIB release would be the most likely first confirmation if the funding decision is updated; timing is not officially known.
  • Any campus-wise fund allocation details are expected only after an official Ministry of Education or PIB communication; no date is confirmed.
  • If implementation moves ahead, budget release or sanction orders may follow in subsequent administrative steps; no official timeline is available.
  • Media reports may appear before formal notification, but they should be treated as tentative until an official source confirms them.
  • Students or stakeholders should monitor the Ministry of Education website and PIB for the next verified announcement.
  • If this relates to a specific IIT project, institution-level updates would likely come after the central approval stage; this is only expected, not confirmed.

IITs Funds Update:

One-time capital grant: Four IITs got additional one-time capital grant Rs 456.10 crores approved by Ministry of Human Resource Development. This fund is allocated under a scheme ” Sabko Shiksha, Acchi Shiksha“. where IITs from Madras, Kharagpur, Bombay, and Delhi will get benefitted from this scheme.

Name of IIT Fund (in crores) Allocated
IIT Madras Rs. 103.41
IIT Kharagpur Rs. 151.19
IIT Bombay Rs. 96.50
IIT Delhi Rs. 105

Source: TOI

PM Narendra Modi approves six new IITs funds

PM Narendra Modi approves six new IITs by forming of Societies under the Societies Registration Act, 1860. And will give them legal status till the amendment for their incorporation in The Institutes of Technology Act, 1961 is enacted.

List of 23 IITs

Find the list of 23 IITs in different states of India. At Present 23 IITs are established out of which 16 are full fledge established and operational from own campus are Gandhinagar, Bombay, New Delhi, Roorkee, Kharagpur, Chennai, Guwahati, Indore, Kanpur, Jodhpur, Bhubaneswar, Hyderabad, Patna, Ropar, Mandi and Varanasi. You can find below the list of IIT colleges in India along with their ranking as per HRD Ministry’s National Institutional Ranking Framework (NIRF) that are released every year in the month of April.

List of Indian Institute of Technology (IITs) With NIRF Ranking
Name of IIT College Location (State) NIRF Ranking 2019 No. of B.Tech Seats
Indian Institute of Technology, Madras (IIT-M) Tamil Nadu 1 505
Indian Institute of Technology, Bombay (IIT-B)
Maharashtra 3 778
Indian Insitute of Technology, Kharagpur (IIT-Kgp) West Bengal 4 690
Indian Institute of Technology, Delhi (IIT-D) New Delhi 2 799
Indian Institute of Technology, Kanpur (IIT-K) Uttar Pradesh 5 713
Indian Institute of Technology, Roorkee (IIT-R) Uttarakhand 6 879
Indian Institute of Technology, Guwahati (IIT-G) Assam 7 702
Indian Institute of Technology, Hyderabad (IIT-H) Telangana 8 294
Indian Institute of Technology, Indore (IIT-I) Madhya Pradesh 13 275
Indian Institute of Technology, Bhubaneswar (IIT-BHU) Odisha 17 273
Indian Institute of Technology, Patna (IIT-P) Bihar 22 250
Indian Institute of Technology, Ropar Punjab 29 297
Indian Institute of Technology, (Indian School of Mines), Dhanbad
Jharkhand 15 919
Indian Institute of Technology, Mandi Himachal Pradesh 20 200
Indian Institute of Technology, Gandhinagar Gujarat 24 194
Indian Institute of Technology, (Banaras Hindu University), Varanasi Uttar Pradesh 11 876
Indian Institute of Technology, Jodhpur
Rajasthan 50 247
Indian Institute of Technology, Jammu Jammu & Kashmir Not Applicable (NA) 154
Indian Institute of Technology, Goa Goa Not Applicable (NA) 97
Indian Institute of Technology, Dharwad Karnataka Not Applicable (NA) 126
Indian Institute of Technology Palakkad Kerala Not Applicable (NA) 163
Indian Institute of Technology Tirupati
Andhra Pradesh Not Applicable (NA) 180
Indian Institute of Technology Bhilai Chhattisgarh Not Applicable (NA) 126

 

Rs. 7002 Crore Plan for Construction of these IIT Campuses

Major Changes This Year

No new officially confirmed change has been announced yet for this IIT funding story, so any next-step timing remains unverified and should be treated as expected, not official.

No major change has been officially announced yet. Since no fresh official notification or release was available, there is no confirmed update on the fund amount, affected IITs, allocation pattern, or implementation schedule. Any mention of revised funding, campus-wise breakup, or new approvals should be treated as tentative unless it appears in an official Government of India or Ministry of Education communication. If a formal update is issued later, it will likely clarify the sanctioned amount, purpose of the funds, and the institutions covered.

The total cost approved by PM is Rs. 7002 Crores for running these 6 IITs, and will be incurred between 2015-16 and 2018-19. And plans to complete the project by 31st March 2020.

Increase in Number of Seats (Intake)

Initially, In the first year 180 students will get admission these new IITs. later on, the seats will be increased to 450, 928 respectively. The breakup is i.e. Undergraduates- 840, Postgraduates-80 and PhDs-8.

Additional Seats in IITs

Admission in New IITs or Old IITs

The students seeking admission in all the IITs have to give the following exams.

Courses Entrance Examination
Undergraduate Courses JEE Main
Postgraduate Courses GATE, JAM, CEED, or CSIR-NET/DBT JRF

History of Indian Institutes of Technologies

The Indian Institutes of Technologies are the autonomous institutions owned by Government of India under the Institutes of Technology Act, 1961. The first IIT was established at Kharagpur (IIT Kharagpur)  in 1951 and later IIT Bombay in 1958.

IITs State City Locations

Source: TOI

Frequently Asked Questions

What is the latest update on PM Narendra Modi approves six new IITs funds: 4 Old IITs got 456 crores?

No fresh official update has been confirmed yet; the story remains unverified until a government release appears.

Has the funding notification been officially released?

No official source material was available here, so a formal notification cannot be confirmed.

Which authority would confirm the next update?

The Ministry of Education or PIB would typically confirm any official sanction or allocation update.

When is the next expected update?

No official date is known; the next update is expected only when the government publishes a formal note.

Are the 456 crore and six IITs figures confirmed?

Not from the official material available here, so those figures should be treated as unconfirmed in this update.

Should students rely on media reports for this story?

No, they should wait for an official government release before treating any details as final.

Where should I check for the official announcement?

Check the Ministry of Education and PIB websites, which are the most likely official sources for such an update.

Categories: IIT Colleges News
Abhinandan: Abhinandan is a career counsellor, who remember about the course and colleges on tips. His articles about choosing a career have received starred reviews from many places.
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