ID :
117378
Sun, 04/18/2010 - 22:45
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Shortlink :
https://oananews.org//node/117378
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20 IIITs to come up on public-pvt partnership mode
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. The Planning
Commission has given in-principle approval for it. Now the
Expenditure Finance Committee (EFC) will consider it," a
ministry official said.
The Ministry has overruled a proposal of Nasscom which
had prepared a Detailed Project Report suggesting that the
private sector should bear more than 50 per cent of the cost.
The Planning Commission had objected to the proposal of
Nasscom. 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.
Some of the IIITs would be set up in northeastern states.
If the industry does not come forward, the DONER (Ministry for
Development of North-Eastern Region) would provide additional
funds, the official said.
The buildings and campuses of these institutes would be
made environment-friendly. PTI
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. The Planning
Commission has given in-principle approval for it. Now the
Expenditure Finance Committee (EFC) will consider it," a
ministry official said.
The Ministry has overruled a proposal of Nasscom which
had prepared a Detailed Project Report suggesting that the
private sector should bear more than 50 per cent of the cost.
The Planning Commission had objected to the proposal of
Nasscom. 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.
Some of the IIITs would be set up in northeastern states.
If the industry does not come forward, the DONER (Ministry for
Development of North-Eastern Region) would provide additional
funds, the official said.
The buildings and campuses of these institutes would be
made environment-friendly. PTI
