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.
These new KVs when fully functional will provide quality education to approximately 54,000 students in addition to 12 lakhs students already studying in the present KVs.
"The main objective of KVS is to cater to the educational needs of children of transferable Central Government employees including defence and para-military personnel by providing a common programme of education. There are at present 1094 functional Kendriya Vidyalayas including three abroad. These are in Moscow, Kathmandu and Tehran," read the statement.