The Centre will offer ₹100 crore each to the top seven Indian Institutes of Technology (IITs) in the coming financial year to improve their quality further with a view to enhancing their global rankings.
The IITs chosen are IIT Madras, IIT Mumbai, IIT Kanpur, IIT Delhi, IIT Kharagpur, IIT Roorkee and IIT Guwahati
“The IITs will be given ₹100 crore so that they can take measures to improve their global rankings. These could be global collaborations or roping in global faculty. Or anything else, as per the requirements of the institutes,” said a senior official who did not wish to be named.
This offer would be seen as an initiative under a project called Vishwajeet (literally, conqueror of the world), which aims at enhancing the global stature of the IITs and catapulting them to the big league.