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A new scheme by the name of 'RISE' was introduced in the budget 2017-18. RISE stands for ___.
Rejuvenating Intermediate and Small scale Enterprises
Renewing Institutional and Societal Establishments
Revitalising Infrastructure and Systems in Education
Reforming Infrastructure and Systems in Evaluation
Relocating Internal and Sub divisional Establishments
RISE stands for Revitalising of Infrastructure and Systems in Education. RISE scheme was announced in Union Budget 2017-18. It aims to lend low-cost funds to government higher educational institutions. Under it, all centrally-funded institutes (CFIs), including central universities, IITs, IIMs, NITs and IISERs can borrow from a Rs 1,00,000 crore corpus over the course of 4 years.
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