The Union Cabinet, on 29 June, approved the revised cost estimates for construction of the permanent campuses of the eight Indian Institutes of Technology (IITs) set up at Bhubaneswar, Gandhinagar, Hyderabad, Indore, Jodhpur, Mandi, Patna, and Ropar.
"Each IIT typically has 10,000 students and requires about 50 lakh Sq.ft constructed area. In 2008, it was estimated that the cost of these campuses would cost Rs. 760 crores. The Cabinet noted that these estimates were prepared with 2006 Index rates and without the site survey that would have made them site specific and accurate. These IITs began to function without the identification and handing over of land for permanent campuses, further disadvantaging them. The land was provided by the State Governments later, in 2011-12," stated a release from the Ministry of Human Resource Development.
The Cabinet approved the revision (in Rs. crores) at the IITs as follows:
IIT Bhubaneswar760 (Original sanction)
1,880 (Approved cost)
IIT Gandhinagar
760 (Original sanction)
1,716 (Approved cost)
IIT Hyderabad
760 (Original sanction)
2,075 (Approved cost)
IIT Indore
760 (Original sanction)
1,902 (Approved cost)
IIT Jodhpur
760 (Original sanction)
1,605 (Approved cost)
IIT Mandi
760 (Original sanction)
1,466 (Approved cost)
IIT Patna
760 (Original sanction)
1,678 (Approved cost)
IIT Ropar
760 (Original sanction)
1,668 (Approved cost)
Over all:
6,080 (Original Sanction)
13,990 (Approved cost)