20 Indian Institute of Information Technology to come up on public-pvt partnership mode

April 18, 2010 at 1:59 pm 2 comments

Folloiwng is a report by PTI:

New Delhi, Apr 18 (PTI) The HRD Ministry has prepared a public-private-partnership model for setting up 20 IIITs under which the expenditure could be shared in the ratio of 85 to 15 between the government and industry.

According to a note prepared by the Ministry for these projects, each Indian Institute of Information Technology (IIIT) would be set up at an investment of Rs 200 crore and the government would bear 85 per cent of the expenditure.

Of the 85 per cent spending, the Centre would provide for 50 per cent and the state government would bear 35 per cent of the expenditure. It means the Centre will provide Rs 100 crore while the state government will give Rs 70 crore and the industry will provide Rs 30 crore for setting up of each IIIT.

“The ministry has prepared 50-35-15 funds sharing pattern between the Centre, state and industry.

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Entry filed under: Educational Policy, Higher Education, Higher Education Zone, India.

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2 Comments Add your own

  • 1. Amar Kumar Mohanty  |  April 18, 2010 at 3:29 pm

    Good job by central govt. We need more such Institutes in Kosal…..

    Reply
    • 2. sanjibkarmee  |  April 18, 2010 at 3:33 pm

      Sambalpur Uni is starting an IIIT type Insti in its campus. A Central Uni/Central govt Hospital/IIM should come up in the western part. A CSIR Research lab is also needed.

      Reply

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