The government has approved setting up 20 new Indian Institutes of Information Technology (IIITs) in the country on public private partnership model. The project will start next year.
The Minister of State for Human Resource Development, D. Purandeswari, said that the ministry has an action plan for IT education in India, and opening new IIITs is a part of this project.
"The capital cost of each IIIT is about Rs 128 crore. This will be shared by the central government, state government and private players at 50, 35 and 15 percent respectively,” said Purandeswari.
The Centre will provide Rs 50 crore for a faculty development programme for the faculty of new and existing IIITs and Indian Institutes of Science Education and Research. The State Governments will provide 50-100 acres of land, free of cost, she added.
During the first four years of setting up of each IIIT, the Centre will provide partial support towards the recurring expenditure up to Rs 10 crore to each IIIT depending upon the actual requirement of the institute.
Each IIIT shall meet its operating expenditure on its own within five years of commencement out of students’ fees, research and other internal accruals.
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G S SINGH Tue, 2011-03-08 06:12
Sanjay, look what the minister says :"The capital cost of each IIIT is about Rs 128 crore. This will be shared by the central government, state government and private players at 50, 35 and 15 percent respectively,” said Purandeswari. Naturally the control of the institute will be in the hand of the govt. We will be better off if the govt. follows the IIT model for administering these institutions with an autonomous governing council.


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