March 2006 Anand Patwardhan: Knowledge Economy Forum V 13 Human resources and early choices regarding investment in education Emphasis on higher technical education Technical education given importance ever since 1950 when the first IIT was created in Kharagpur, West Bengal To follow were the IIT Bombay in 1958, IIT Madras in 1959, IIT Kanpur in 1960, IIT Delhi in 1961 and IIT Guwahati in 1995 and IIT Roorkee in 2001 Technical education, on an average, has received almost 15 percent of total plan expenditure for education sector in every plan period.
{}