A team of Union Human Resources Development Ministry will be visiting the site of proposed Indian Institute of Information Technology Rajasthan (IIIT-R) at the end of the month, Kota–Bundi MP Ijjayraj Singh today said.
“The formalities about IIIT-R in Kota by Rajasthan government has been completed,” Singh said in a release, adding that he had met Minister of State for Human Resources M M Pallam Raju and other officials of the Ministry in New Delhi on Monday and held discussion about it.
The proposed IIIT-R has to be set up on public-private- partnership model as 50 per cent of the expenditure for the institute would be contributed by the Centre, 35 per cent by Rajasthan government and 15 per cent would be funded by the companies in partnership, informed the MP.
A 100-acres land for IIIT-R has already been allotted in Ranpur area here.
The companies associated with the institute are Cairn India, Birla Group (NEC), Vakrangee Software and Genpact India.
src: Economic Times