Union Government approved setting up of 6 new IITs
The Cabinet also approved the operationalisation of these IITs by forming Societies under the Societies Registration Act, 1860.
The Union Cabinet on 2 December 2015 approved setting up of six new Indian Institutes of Technology (IITs) in Andhra Pradesh, Chhatisgarh, Goa, Jammu, Kerala and Karnataka.
The Cabinet also approved the operationalisation of these IITs by forming Societies under the Societies Registration Act, 1860 in order to give a legal status to them till the amendment for their incorporation in The Institutes of Technology Act, 1961 is enacted.
Features of the new IITs
• Each new IIT will have an initial intake of 180 students in its first year from temporary / transit which would increase to 450 in the second year and to 928 in the third year of their operation.
• The new IITs will be operated from their temporary campuses for the initial period of three years before shifting into their permanent campuses in the 4th year.
• Each IIT will have a sanctioned strength of faculty members with a faculty-student ratio of 1:10.
• The total cost for running these IITs is 1411.80 crore rupees and will be incurred between 2015-16 and 2018-19.
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