If all goes according to the plans, IIT-Bombay, will soon get new hostels to accommodate its growing student population. These hostels will accommodate undergraduate, married and post-doctoral students. Apart from new hostels, the institute will be setting up National Center for Mathematics and Tata Institute of Fundamental Research.
These fruitful announcements came on Sunday, while the institute was celebrating its annual Alumni Day. Devang Khakhar, director of IIT-B says "Today, IIT-B is the preferred destination for IIT-JEE toppers. The student strength at the institute has grown over the years; we now have about 3,700 undergraduate, 2,800 masters and 2, 300 PhD students. The work to establish technology park at IIT-B will commence early next year."
The alumni has promised to donate Rs 2 crore towards their legacy project. The funds will be utilised for various schemes like retired faculty wellness fund, financial aid for needy students, new faculty sign on bonuses and faculty development fund.
A former IIT-B student, Kiran Shesh says "We felt that it is important to support the retired faculty members, who have played a great role in shaping many careers, as well as to attract talented young minds to take up teachings at IIT-B. Hence, we have decided to contribute towards the existing projects that are supporting same goal. Also, given the fact that cost of education and living has increased substantially, we would like to offer more financial aid to the deserving and needy students at IIT-Bombay."
This year's distinguished service award was bagged by six alumnis- Dhananjay Saheba, Sameer Katdare, Ruyintan E Mehta, Ajay Bhagwat, Amol A Gokhale and Paresh Vohra.