The HRD ministry decided upon re-allocation of crucial funds for the creation of more IITs or similar institutes of excellence by cutting down the budget allotted to each institute. According to Dr VK Saraswat, a member of the Niti Aayog, the ministry has decided this for the upcoming plan of three new IITs. However since these institutes are of prime importance, Dr VK Saraswat has said that the government understands the necessity of such institutions for which rather than a reduction what the HRD ministry is trying to do is an evaluation of how much fund is required by each institute so that more such institutions could be developed.
On the other hand, the director of IIT-Kanpur has said that over the past two years the institution has seen a drastic reduction in the allocation of funds by Rs 100 crores. This has posed a difficulty in establishment of other important departments and extension of campus. He emphasizes that with things could only be improved with a sustained policy of funds allocation. If such problems continue then the functioning of such institutions of excellence would face serious problems in the future.
A repeated complain that has been registered against most of the IITs and IIT- Kanpur in particular is the acute deficiency of teaching staff. This can however be explained as most of the students prefer service over higher studies in this field. The reason engineering is mostly taken up is due to this factor. These factors along with the re-allocation of funds are posing serious difficulties in the proper functioning of such institutes of higher education.
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