Latest news with #828.79
Economic Times
07-05-2025
- Business
- Economic Times
Cabinet approves expansion of academic and infrastructure capacity of 5 IITs
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, on Wednesday approved expansion of academic and infrastructure capacity of five new Indian Institute of technologies (IlTs) which had been established in Andhra Pradesh , Kerala, Chhattisgarh, Jammu & Kashmir and Karnataka. ADVERTISEMENT These institutions are IIT Tirupati, IIT Palakkad, IIT Bhilai, IIT Jammu, HT Dharwad. According to the release issued by the Cabinet, the total costs for these projects are Rs11,828.79 crore over a period of four years from 2025-26 to 2028-29. The Cabinet has also approved creation of 130 faculty posts (at the level of Professor i.e. Level 14 & above) in these new state-of-art research parks are also coming up to strengthen industry-academia strength in these IITs will be increased by more than 6500 in the next four years with enhancement of 1364 students in 1st year, 1738 students in 2nd year, 1767 students in 3rd year and 1707 students in 4th year across Under Graduate (UG), Post Graduate (PG) and PhD program put together. ADVERTISEMENT On completion of construction, these five IITs shall be able to cater 13,687 students as against current student strength of 7,111 i.e. an increase of 6,576 this increase in the total number of seats, additional more than 6,500 students will now be able to fulfil their aspirations of studying in the most prestigious and sought-after educational institutions in the country. ADVERTISEMENT This will foster nation-building by creating a skilled workforce, driving innovation, and boosting economic growth. It enhances social mobility, reduces educational inequality, and strengthens India's global employment will be generated through the hiring of faculty, administrative staff, researchers, and support personnel to manage the increased number of students and facilities. Also, the expansion of IIT campuses stimulates local economies by generating demand for housing, transportation, and services. ADVERTISEMENT The increased number of graduates and postgraduates from IITs further fuels innovation and startup ecosystems, contributing to employment generation across diverse five IITs are situated in five states and Union territories (UTs), however, admission to IITs, is on pan-India basis and hence this expansion will benefit all states/UTs across the country. ADVERTISEMENT Total number of students in 23 IlTs has increased 100 per cent from 65,000 to 1.35 lakh in the past 10 years. Additional infrastructure will be created in the five IlTs started after 2014 to facilitate education for 6,500 more students, the Cabinet release added. (You can now subscribe to our Economic Times WhatsApp channel)
Hans India
07-05-2025
- Business
- Hans India
Cabinet approves expansion of academic, infrastructure capacity of 5 IITs
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the expansion of academic and infrastructure capacity of five new Indian Institutes of Technology (IlTs). The expansion work will begin at IIT Tirupati (Andhra Pradesh), IIT Palakkad (Kerala), IIT Bhilai (Chhattisgarh), IIT Jammu (Jammu and Kashmir) and IIT Dharwad (Karnataka) at a cost of Rs.11,828.79 crore for four years, according to a Cabinet Communique. The construction work starting from 2025-26 to 2028-29, will lead to an increase in academic seats -- by more than 6,500 in the next four years -- across undergraduate (UG), post-graduate (PG), and PhD programmes. Student strength will see an increase of 1,364 in the first year, 1,738 in the second year, 1,767 students in the third year and 1,707 in the fourth year. 'On completion of construction, these five IITs shall be able to cater 13,687 students as against current student strength of 7,111, that is, an increase of 6,576 students,' the Communique said. The addition of seats 'will foster nation-building by creating a skilled workforce, driving innovation, and boosting economic growth. It enhances social mobility, reduces educational inequality, and strengthens India's global position'. In addition, employment will be generated through the hiring of faculty, administrative staff, researchers, and support personnel to manage the increased number of students and facilities. The Cabinet has also approved the creation of 130 faculty posts (at the level of Professor that is Level 14 and above) in these IlTs. The expansion of IIT campuses also stimulates local economies by generating demand for housing, transportation, and services. Further, to boost industry-academia linkage, five new state-of-the-art research parks will also be set up. The plan to increase seats in IITs was also announced during the Union Budget 2025-26 'Total number of students in 23 IlTs has increased 100 per cent from 65,000 to 1.35 lakh in the past 10 years. Additional infrastructure will be created in the five IlTs started after 2014 to facilitate education for 6,500 more students,' Finance Minister Nirmala Sitharaman had announced.
