IIT-H to get $174.8 million aid from Japan | digitalLEARNING Magazine
Higher Education

IIT-H to get $174.8 million aid from Japan

Views: 422

Japan will provide USD 174.8 million loan as development aid to the Indian Institute of Technology, Hyderabad (IIT-H) -the biggest foreign aid to an IIT.

The institute receive the loan in a phased manner. The Indian government will contribute 15% of the amount and the rest will be coming from JICA ( Japan International Cooperation Agency), which is to be repaid over 30 years.

The aid expected to contribute massively in improving the standard of higher education in the state and will help boost infrastructure.

With the financial aid, IIT-H will set up nine high-tech buildings, which includes a special technology centre, new academic blocks and a research park.

A part of the aid will be set aside to acquire lab equipment. The authorities plan to expand student intake from from existing 1000 plus to more than 7,500 by 2018.

Also, to beat the quality faculty crunch, the institute will increase the number of teachers to more than 750 by 2018, an increase from the over 100 teachers now.

Private companies will get a chance to use the R&D laboratories inside the campus.

Click to comment

Leave a Reply

Your email address will not be published.

Most Popular



ABOUT US

digitalLEARNING magazine is Asia’s premier magazine for the ICT education. Published since 2005 in both print and online formats, the monthly magazine raises awareness about how Information & Communication Technology (ICT) is enhancing the scope and quality of education. The Magazine has made its mark for giving a complete 360 degree perspective from all concerned, about eduSECTOR.

Contact us: info@elets.in
CONTACT US

Elets Technomedia Pvt. Ltd.
Stellar IT Park, 7A/7B, 5th floor
Annexe Building, C-25, Sector 62
Noida – 201309, Uttar Pradesh, India

Middle East Address :
Elets Technomedia Pvt Ltd (FZE)
SAIF Desk Q1 – 05 – 130/A
P. O. Box: 124939, Sharjah, U.A.E
To Top