(Thanks to kddf for the pointer.)
Following is from a PTI report in Hindu.
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. The Planning Commission has given in—principle approval for it. Now the Expenditure Finance Committee (EFC) will consider it,” a ministry official said.
… Now if the EFC approves the government’s proposal, it would be moved to Cabinet for final approval.
As per the plan, each IIIT would be a centre of excellence and specialise in specific area. These institutes would concentrate more on basic than applied research.
The ministry would bring in a bill in Parliament to confer them with the status of institutes of national importance. They can offer degree and Ph. D programmes once they become institutes of national importance.
In Odisha the state government has proposed that the PPP based IIIT be in Berhampur. Earlier it established a IIIT in Bhubaneswar and recently a IIIT type institute has been approved as part of Sambalpur University.
April 18th, 2010
Update: IIT Bhubaneswar web site is now updated and lists most of the new faculty that have joined.
A key hire that IIT Bhubaneswar recently made is of Prof. S C De Sarkar.
Prof. De Sarkar was the deputy Director at IIT Kharagpur and my teacher (in the Compiler course) when I was doing my B.Tech in Computer Science & Engineering. He was the best teacher I encountered during my B.Tech degree. He has had many star Ph.D students including some who have won the Bhatnagar award.
He has joined IIT Bhubaneswar as the Dean of Faculty. In the words of IIT Bhubaneswar director Prof. Chakraborty: "He is now a great strength of IIT Bhubaneswar."
Some of the other highlights releted to recent hires (obtained from the IIT Bhubaneswar web page) are:
- Dr. C.N. Bhende, Asst. Prof. of Electrical Sciences received the best thesis award at Doctoral level from INAE.
- Dr. Sumanta Haldar Assistant Prof. of school of Infrastructure has been adjudged as the best Ph.D. thesis in India in the field of Geotechnical Engineering by the Indian Geotechnical Society.
April 18th, 2010
It involves land contribution from the state of Punjab and financial contributions from four industrialists for a total of 200 crores. Following are extracted from a Times of India report.
- The Punjab cabinet has finally given the green signal for the allotment of a fresh parcel of 70-acre land within the upcoming Knowledge City in Mohali for the second campus of the premier B-school.
- to be set up at an investment of Rs 200 crore and will be funded entirely by donations from four India Inc top guns:
- Max group founder and chairman Analjit Singh,
- Bharti group CMD Sunil Bharti Mittal,
- Atul Punj of Punj Lloyd and
- the Munjals of Hero group.
For its part the ISB administration have roped in top foreign universities to collaborate in the establishment of four schools. Following is excerpted from a report in Economic Times.
- The ISB has joined hands with the MIT Sloan School of Management, to develop two new institutes at the ISB’s upcoming campus at Mohali –
- The BML Munjal Institute for Manufacturing Excellence and Innovation and
- The Punj Lloyd Institute for Physical Infrastructure Management.
- In addition to the two institutes mentioned earlier, the school will also establish the
- Max India Institute of Health Care Management and
- Bharti Insititute of Public Policy.
- The ISB will continue to have the support of its founding associate schools such as the Wharton School and Kellogg School of Management. The ISB also has the support of the London Business School (LBS) as an associate school.
April 18th, 2010