New Delhi, Nov. 8: The finance ministry has approved Rs 25 crore for a proposed education and research centre at Oxford University to be named after Indira Gandhi.
The Indira Gandhi Centre for Sustainable Development will be set up in Somerville College and will support research on subjects important to South Asia. The project also includes a scheme that will fully fund the study of five undergraduate Indian students in Oxford every year.
The former Prime Minister was a student of modern history in Somerville in 1937. She left college at the end of her first year, reportedly because of illness. She received an honorary doctorate from Oxford in 1971.
The centre will have a dedicated landmark building and the ministry has agreed to provide its quota of funds over two years, sources told The Telegraph.
The cost of the project is estimated to be Rs 100 crore. Of this, 25 per cent will be contributed by Oxford. India will contribute 25 per cent and the rest will be raised by Oxford University from private donors.
The centre is expected to start operating from 2017, the birth centenary year of Indira Gandhi.