An Higher Education Department Secretary of Tripura, Kishore Ambuly said "State-owned ONGC (Oil and Natural Gas Corporation), NEEPCO (Notheastern Electric Power Corporation) and six private industrial houses from West Bengal have expressed willingness to be a partner of the Tripura IIIT".
He also said, the state Government had identified a piece of land for the proposed institute in Bodhjunganagar, which is around 25 km from state capital Agartala. Besides Tripura, the Union Government has given its nod to set up IIIT's in Assam and Rajasthan too.
"The HRD Minister, Kapil Sibal has also planned to establish 20 IIIT's on a not-for-profit Public-Private partnership (N-PPP) basis", he added. Further the funding will be borne by the central government 20percent, state Government 35 percent and industry/private partnership 15 percent basis shall be carried out.
He also explained that :In the northern states, industry participation for capital expenditure would be kept at 7.5 percent instead of 15 percent. The central government participation will be at 57.50 percent while state government at 35 percent.
Well, students of Tripura will be very much awaiting to continue their studies in the same state, as most of them would migrate to other states just to make their higher studies.