Establishment of new NIFT campuses at Panchkula & Ranchi approved : Irani

Speed Post News Network

New Delhi : Requests for setting up of new NIFT campuses at Panchkula (Haryana) and Ranchi (Jharkhand) have been approved by the Board of Governors of NIFT.  At present, NIFT has 16 Campuses all over India including Jodhpur, Bengaluru, Bhopal, Bhubaneshwar, Chennai, Gandhinagar, Hyderabad, Kangra, Kannur, Kolkata, Mumbai, New Delhi, Patna, Rae Bareli, Shillong, and Srinagar.

Of the two new centres approved by Board of Governors : NIFT at Panchkula (Haryana) and Ranchi (Jharkhand), no funds have been allocated so far.A policy has been formulated for establishment of new NIFT Campuses as per which the State Government is required to submit a proposal along with following commitments:  (i)  20-30 acres of land (ii)  Rs. 150-200 crore for construction of Campus at the price rates of CPWD for 2011-12   (iii)  Rs 30 crore for provision of equipment, machines and furniture at the price rates of 2011-12 (iv)   Annual revenue grants to adjust revenue deficit till the Campus becomes financially viable.

This information was given by Union Textiles Minister Smriti Zubin Irani  in written reply to a question in the Lok Sabha on July 26, 2019, according to a PIB release.