In 2013, five new Indian Institute of Information Technology (IIITs) were opened in Public Private Partnership (PPP) mode. The five include Chittoor in Andhra Pradesh, Kota in Rajasthan, Tiruchirapalli in Tamil Nadu, Guwahati in Assam and Vadodara in Gujarat.
20 IIITs are scheduled to be opened in the current Five Year Plan. Five more are expected to start from 2014. These include Kerala, Himachal, Madhya Pradesh, Tripura and Karnataka.
Under PPP mode, central, respective State government and industry will be stakeholders of the institution. The capital cost of each IIIT would be contributed in the ratio of 50:35:15 (57.5:35:7.5 in the North Eastern region) by the Central Government, the State Government, and industry respectively. The State Governments will provide 50-100 acres of land, free of cost, for establishment of IIIT. The Central Government will also provide Rs.50.00 crore for faculty development programme and meet the recurring expenditure upto Rs. 10.00 crore during the first four years of setting up each IIIT.
IIITs may initially be registered as Societies under the Societies Registration Act, 1860 and a tripartite Memorandum of Understanding (MoU), spelling out the role and responsibilities of all the partners, be put in place.
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