Patna, Aug 8 The Bihar cabinet today gave its nod for setting up the state's third private university in Patna and provisionally allowed it to start its academic activities from a leased out building for two years.
The university has taken 6000 sqmt space on lease at Rupaspur area of the state capital and will complete the construction of its own building in the two years' time.
The two other private universities are at Madhubani and Biharsharif.
Bihar Assembly had earlier passed the Bihar Private University (Amendment) Bill, 2017 aimed at relaxing norms for infrastructure required to run private universities till construction of permanent infrastructure.
The Bill, which later became Act, allowed private universities to function from rented premises with built up area of 10,000 sqm up to two years till construction of permanent infrastructure.
The cabinet also approved Rs 44.80 crore as its share for setting up of an Indian Institute of Information Technology (IIIT) at Bhagalpur, Mehrotra said adding the IIIT has started its academic activities from the current session and 83 students have registered for it.
Rs 128 crore would be the total estimated cost for setting up the IIIT which is being developed jointly by the Centre, state and an industry partner, he said adding that the their shares are in the ratio of 50:35:15 per cent respectively.
It also gave its nod for constitution of IIIT Society which will keep a tab on the construction of the institute's building and its affairs, he said.
The cabinet also decided to upgrade 80 residential schools being run by the SC and ST welfare department upto 10+2 level, Mehrotra said adding that it also approved the creation of 1542 teaching and non teaching posts.
The cabinet sanctioned Rs 129.77 crore for promotion of organic farming and Rs 102.76 crore as grant for skill development programme in the current fiscal, Mehrotra said.