IIT Madras to get Rs 750 crore for research and development
Thursday, March 16, 2017, 4:54 PM
IIT Madras will see an increase in funding from the ministry of human resource and development (MHRD) by nearly Rs 300 crore this year, from Rs 450 crore last year. The Rs 750 crore is expected to flow in from April. This would ensure that IIT-M has at least 15% foreign faculty on-campus. At present, IIT-M has about 600 teachers and 9,200 students.