NEW DELHI: The Union Cabinet has approved a Rs 7,002-crore plan in the first phase for construction of permanent campuses for six new Indian Institutes of Technology IITs ). Currently, these institutions are functioning from temporary campuses with a total strength of 1,530 students. After construction of the campuses, this strength will go up to 7,200.Each campus will have facilities for housing 1,200 students, beginning from 2020-21 academic session. The Detailed Project Report for construction of the permanent campuses was prepared by a team from mentor institutes of these IITs, according to which Rs 20,304.88 crore were solicited for construction of the permanent campuses over a period of seven years. After consultation with NITI Aayog this proposal was considered by expenditure finance committee on July 17, 2017.The EFC recommended Phase-A of the proposal at an outlay of Rs 7002.42 crore for three years beginning 2017-18.
Source: Times of India October 28, 2017 22:52 UTC