The Yale India Initiative boasts a US$75-million endowment dedicated to the growth of faculty and curricular programs in Indian studies at Yale. The University will also augment its efforts to attract students and scholars from India, all in an effort to accelerate the University's India-related programs so that they can be comparable to those in China. 'The scale of what Yale has developed for its Indian studies program,' the president said Monday, 'is unprecedented.' It is difficult to put an exact price on Yale's engagement with China, in part because so many of the more than 80 research and educational programs between the two have been developed over many decades. In contrast, Levin said, the Yale India Initiative will be implemented almost all at once.
Of the US$75 million allocated for the initiative, US$30 million will come from Yale's unrestricted endowment resources, while US$20 million more will be raised from donors in the next year. Gifts already made and planned expansions of the program bring the University to the US$75 million total, which is nearly INR3.75 billion at current exchange rates. George Joseph, assistant secretary of the University in charge of relations with South Asia, said the funds associated with the India initiative will be used to create new professorships and curricula across the University, from Yale Law School and Yale College to the Yale School of Nursing, for example.