Institute needs Rs. 427 crores for becoming an IIT
Chronicle Editor @ Aug 27, 2008
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http://in.jagran.yahoo.com/news/local/uttarpradesh/4_1_4717773_1.html

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English translation of the relevant text
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Varanasi, August 12
 
On Monday (August 11) Senior Advisor of the Planning Commission, Mr. Bhaskar Banerji, discussed with a group of BHU teachers and officials about needs and proposals for the University. During the meeting held at Central Office, Prof. S. N. Upadhyay, Director of IT, informed that to convert IT into IIT, we need Rs. 427 crores for upgrading of facilities. This includes Rs. 383.7 crores non-recurring and Rs. 43.7 as recurring fund each year. (Note: the paper states it other way round.). He added that IT-BHU is at present ahead of some of the IITs.
 
He added that number of faculty will be increased from 371 to 411, administrative posts will be increased from 6 to 13, supporting staff will be increased from 301 to 325 and number of technicians will be increased from 544 to 594. We also need better facilities such as better hostel facilities for students, more scholarships for students, better library, computer connectivity, etc.
 
During the discussion, a proposal for the funding of BHU during 11th Plan was also presented. Prof. B. D. Singh stated that during this plan, BHU has proposed for the funding needs of Rs. 1975.6 crores. It includes Rs. 308 crores for Rajiv Gandhi South Campus project at Barkachcha. He added that discussion has begun for improving basic facilities, provide necessary hostel facilities, improving administration, granting autonomy to 3 institutes, etc. (Note-The 3 institutes are: Institute of Technology, Institute of Medical Sciences and Institute of Agriculture Sciences.)
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