The Cabinet Committee on Economic Affairs today approved a proposal for setting up of 107 new Kendriya Vidyalayas during the remaining period of the Eleventh Five Year Plan. The new KVs will cater to about 1,03,000 students throughout the country.The total financial requirement for construction and operation of these new KVs is Rs.526.99 crore during the 11th Plan with a spillover of Rs.279.48 crore towards capital cost during the 12th Plan.
The Central Sector Scheme of Kendriya Vidyalayas (KVs) was started in 1962 with the objective to provide educational facilities of a uniform standard throughout the country to the children of transferable Central Government employees. The scheme started with 20 regimental schools in 1963-64 and has now grown to have 980 schools, which are pace-setting in nature.
Source : PIB
