The Union Cabinet today approved the setting up of six new Indian Institutes of Technology (IITs) in Andhra Pradesh, Chhattisgarh, Goa, Jammu, Kerala and Karnataka. The total cost for running these IITs would be 1,411.80 crore and will be incurred between 2015-16 and 2018-19. Each new IIT campus will have an initial intake of 180 students in its first year which would increase to 450 in the second year and to 928 (840 Undergraduates, 80 Postgraduates and 8 PhDs) in the third year of their operation, an official statement said. The new IITs will be operated from their temporary campuses for the initial period of three years before shifting to their permanent campuses in the 4th year. Each IIT will have a sanctioned strength of faculty members, with a faculty-student ratio of 1:10.
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