Agartala, Jul 03, 2012 : New Delhi has sanctioned an elite Indian Institute of Information Technology (IIIT) to Tripura along with two other states of the country. Proposals for setting up IIIT from three states - Assam, Tripura and Rajasthan on Public Private Partnership (PPP) Model was approved by the Ministry of Human Resource Development(MHRD).
The IIITs are scheduled to be initially registered as societies under the Societies Registration Act, 1860 and subsequently would come under the umbrella of a Central Legislation.
Seventeen state governments have already identified land plots for their IIITs while 11 are in the process of identifying the industry partners after selecting land plots. Three other states are expected to get IIIT sanction under the centrally sponsored scheme shortly.
Ministry for Human Resource Development (MHRD) has approved the industry-oriented institute for Tripura on not-for-profit Public Private Partersnhip (N-PPP) model to address the challenges faced by Indian IT industry and growth of domestic IT market in the northeast, stated a PIB press release here today.
Ministry of Human Resource Development (MHRD), respective state governments where IIIT would be established and the industry are supposed to become partners in setting up the industry-oriented institute. Capital cost for setting up each IIIT has been estimated at Rs. 128 crore to be contributed in the ratio of 50:35:15 by the central government, state government and the industry. Industry participation for capital expenditure for the institute in Northeastern states would be kept at 7.5 percent. Central Government participation is scheduled to remain at 57.50 percent while the state governments are supposed to account for 35 percent. Tripura is supposed to provide 50-100 acres of land free of cost for the project.
The project was targeted to be completed in a phased manner. Each IIIT would meet its entire operating expenditure on its own within five years of commencement from students’ fees, research and other internal accruals. The scheme was designed with provisions for faculty development programme for which a sum of Rs. 50 crore was earmarked.
The IIITs are scheduled to be initially registered as societies under the Societies Registration Act, 1860 and subsequently would come under the umbrella of a Central Legislation.
Seventeen state governments have already identified land plots for their IIITs while 11 are in the process of identifying the industry partners after selecting land plots. Three other states are expected to get IIIT sanction under the centrally sponsored scheme shortly.
Ministry for Human Resource Development (MHRD) has approved the industry-oriented institute for Tripura on not-for-profit Public Private Partersnhip (N-PPP) model to address the challenges faced by Indian IT industry and growth of domestic IT market in the northeast, stated a PIB press release here today.
Ministry of Human Resource Development (MHRD), respective state governments where IIIT would be established and the industry are supposed to become partners in setting up the industry-oriented institute. Capital cost for setting up each IIIT has been estimated at Rs. 128 crore to be contributed in the ratio of 50:35:15 by the central government, state government and the industry. Industry participation for capital expenditure for the institute in Northeastern states would be kept at 7.5 percent. Central Government participation is scheduled to remain at 57.50 percent while the state governments are supposed to account for 35 percent. Tripura is supposed to provide 50-100 acres of land free of cost for the project.
The project was targeted to be completed in a phased manner. Each IIIT would meet its entire operating expenditure on its own within five years of commencement from students’ fees, research and other internal accruals. The scheme was designed with provisions for faculty development programme for which a sum of Rs. 50 crore was earmarked.
No comments:
Post a Comment