Financial Daily from THE HINDU group of publications Monday, Dec 20, 2004 |
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Industry & Economy
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Education ICFAI Hyderabad campus may take off next year Our Bureau
Hyderabad , Dec. 19 THE project of ICFAI University Campus near Hyderabad, taken up at a cost of Rs 75 crore, is currently in full swing and the first phase is expected to be ready during 2005-06, the Chancellor of the Rs 225-crore University, Dr A. Besant C. Raj, announced. Addressing the ICFAI University Convocation 2004 here on Saturday, he said ICFAI, which was conferred the University status by the Governments of Tripura, Chhattisgarh and Uttaranchal, is on its way to obtain the University status from few more State Governments that include Sikkim, Maharashtra and Rajasthan. According to him, emergence of private universities would provide greater choice to students and bring about radical transformation in the management of higher education in the country. "We believe that in the next 5-7 years, all the major States would have kept in place the necessary policy and legal framework for the establishment of private universities," he said. Citing the example of leading US-based universities such as Harvard, Stanford, Princeton, Yale, Chicago, Northwestern and New York, he said they established high academic standards and scholastic traditions in teaching and research.
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