The Indian Institute of Information Technology (IIIT), Jharkhand will start its operations from the academic year 2016-17. On behalf of the state government the IT secretary of Jharkhand, Sunil Kumar Burnwal has signed a Memorandum of Understanding (MoU) and Memorandum of Association (MoA) with the HRD Ministry and its three industry partners: TATA Consultancy Services, TATA Motors Limited and Central Coalfield Limited at New Delhi on Saturday.
The central government will bear 50% of the allotted Rs. 128 crore budgets for the institute. 35% of the total budget will be borne upon by the State Government and the three partners will together join 5% of the total budget amount. Students will be admitted to the institute through joint entrance examination carried by the concerned body in the academic year 2016-17. The institute would initially offer Information technology and Electronics and Communication stream to its students and each of the streams would admit 60 candidates.
According to the IT Secretary of the state Burnwal, “First board meeting of IIIT would be held in the first week of January and would be chaired by secretary of the department of higher education, MHRD, VS Oberoi.” For the proposed IIIT, 52 acres of land near Kanke has been allotted by the state government. For the extension of the campus another 14.4 acres of land is being given to the institute. The campus is expected to be complete in the next two years. The temporary campus for the students who would take admission in the next academic year has not been finalized yet.