The Committee on Economic Affairs has approved the opening of 54 new Kendriya Vidyalayas (KVs) under Civil Sector during the 12th Five Year Plan as recommended by the Expenditure Finance Committee.
These 54 KVs will be located in 53 districts in 17 states.
The total cost of opening of these new KVs is projected at Rs. 927.40 crore.
"The non-recurring costs covering constructions cost, furniture, fixture will be Rs. 793.58 crore and recurring cost covering pay and allowance and other expenses will be Rs.133.82 crore. Per unit cost of construction of a school building is Rs. 14.55 crore," the government said in a statement.