Jaipur: The morning came with a good news for both students as well as those who want to stand their career in academics here.

If the proposals for investment that came to the government is settled then Rajasthan would soon be developed into an Education valley which would come up on 500 acres land at Jaipur-Delhi highway.

This project has been approved in a meeting of Pre-Rajasthan Investment Promotion Board (Pre-RIPB) held by chief secretary T.Srinivasan.

Investing proposals of worth Rs.7670 crores is given green signal in the meeting. The passing of today's proposal will generate nearly 5000 jobs which will be a boon to the unemployed.

The Education Valley project of Anantraj Industries will have many national and international colleges with an approximate investment of Rs.4000 crore.

Nearly 25000 students would study in these educational institutes.