It seems that process of converting selected colleges (including IT-BHU) into IIEST is temporarily under hold. This is because there is a resistance from the respective govt. to completely hand over their colleges to central govt., as required for upgrade to IIEST.
As per the agreed time-table, the process of converting a college into IIEST in expected to be over by around March 2007, and admission should start to the IIESTs by next year.
Following news report is pertaining to IIEST debate:
Cusat at a crossroads
http://www.thehindu.com/thehindu/edu/2006/11/14/stories/2006111400120100.htm
On the other hand, govt. is setting up 3 new IITs in the backward area of Karnataka, Andhra Pradesh and Bihar.
3 New IITs likely in five years
http://economictimes.indiatimes.com/articleshow/459579.cms
Each IIT will be set up at a cost of Rs. 2,500 crores each.
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Disclaimer- The above views are my personal views, and do not reflect that of our institute.
Yogesh Upadhyaya (chemical 1977)