Latest news with #GViswanathan
Time of India
a day ago
- Business
- Time of India
Exempt colleges from GST: VIT founder
Chennai: Educational institutions should be exempted from the ambit of Goods and Services Tax (GST) so that the fee structure could be reduced for the benefit of the poor and the middle class, said G Viswanathan, Vellore Institute of Technology (VIT) founder-chancellor, on Friday. Stating that educational institutions were only giving to the govt, by way of GST, and not getting much in return, he said that VIT alone spent 400 crore on GST a year. "A GST of 18% is levied for the construction of buildings and 28% to install ACs," he said during VIT Chennai's 15th year celebrations and Crystal Connexions, an alumni meet '25, on the institute's Chennai campus. He noted that while the union govt allocated only 2.5% of its budget towards education this year, the state govt allocated 21%. "While India has become the fourth-largest economy surpassing Japan, its GDP per capita is still 12.5 times less than that of Japan. Education is the only way to reduce this disparity. Hence, the govt should spend more on education, especially higher education," Viswanathan said. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Gold Rates Today in Chennai | Silver Rates Today in Chennai Actor and Rajya Sabha member Kamal Haasan, who was the chief guest, said: "While our forefathers had the courage to fight for the nation's freedom, today's youth must develop the courage to embrace failures and learn from them. We live in a country where failure in exams can end a life. That's not education, that is cruelty. In 2025, let us learn to become independent to dream without fear." VIT vice-president G V Selvam recalled how the institute grew from 640 students and 42 faculty in 2010 to over 22,000 students and 803 faculty today. "When we started in 2010, the place did not even have a proper landmark. Fifteen years later, we have become the landmark," he said, thanking the alumni for placing their trust in the institution and contributing to its growth. At the event, five successful alumni were awarded in the categories of academic and research; corporate career; entrepreneurship; social development; and young achiever. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
Hans India
20-05-2025
- Business
- Hans India
VIT Mauritius signs MoU with Binghamton University, US
Hyderabad: VIT Mauritius & Binghamton University, US recently signed an MoU to empower future leaders by offering transformative education and cross-continental opportunities. The MoU was signed by Dr G Viswanathan, Founder & Chancellor of VIT and Dr Harvey G Stenger, President of Binghamton University (SUNY), New York, US. The event was held at the Binghamton campus in the presence of Nobel laureate Dr M Stanley Whittingham and other senior leaders from both the institutions.
Hans India
20-05-2025
- Business
- Hans India
VIT Mauritius signs MoU with Binghamton University, USA
Vijayawada: VIT Mauritius & Binghamton University, USA, recently signed an MoU to empower future leaders by offering transformative education and cross-continental opportunities. The MoU was signed by Dr G Viswanathan, Founder & Chancellor of VIT & Dr Harvey G Stenger, President of Binghamton University (SUNY), New York, USA. The event was held at Binghamton campus in the presence of Nobel laureate Dr M Stanley Whittingham and various other senior leaders from both the institutions. 'This strategic MoU marks the beginning of a long-term collaboration between the two institutions that will pave way for the students to explore various academic opportunities at one of the leading institutions in the USA' quoted Dr G Viswanathan.
Hans India
11-05-2025
- Science
- Hans India
Rochester confers honorary doctorate on VIT founder
Chennai: The Founder and Chancellor of Vellore Institute of Technology (VIT), G Viswanathan, was conferred with an honorary doctorate by the Rochester Institute of Technology (RIT), New York. Dr David C Munson, the president, and Dr Prabu David, the Provost and Senior Vice President for academic affairs at RIT honoured Viswanathan with the honorary doctorate towards his vision and leadership in the expansion of Science, Technology, Engineering & Management (STEM) education across India and in recognition to his dedication towards supporting the underprivileged. Expressing gratitude for the honour, Viswanathan thanked RIT for conferring the honorary doctorate on him. On the occasion, Sankar Viswanathan and Dr Sekar Viswanathan, vice-presidents of VIT, Dr Kanchana Bhaaskaran, vice-chancellor and Dr R Seenivasan, director of international relations were present.
Hans India
29-04-2025
- Science
- Hans India
Naidu inaugurates academic & hostel blocks at VIT-AP varsity
Hyderabad / Amaravati: The Chief Minister of Andhra Pradesh, Nara Chandrababu Naidu, inaugurated the Mahatma Gandhi Academic Block, three new hostel blocks, and launched the global innovation challenge — V-Launchpad 2025 at the university campus on Monday. The event marked a pivotal moment in the university's commitment to academic excellence, innovation, and global collaboration. The Mahatma Gandhi Academic Block is India's largest single academic block. Standing tall at 45 metres and spanning 7.68 lakh square feet, the block houses cutting-edge classrooms, lecture halls, collaborative learning spaces, and a 700-seater auditorium. The CM appreciated the VIT Group Founder and Chancellor Dr G Viswanathan for establishing VIT-AP University in Amaravati, which has reportedly achieved an impressive 95 per cent placement rate for its graduates.
