IITs earn more from research than Govt. grants
Facebook Twitter google+ RSS Feed

IITs earn more from research than Govt. grants

Monday, 31 August 2009, 01:56 Hrs   |    12 Comments
Printer Print Email Email
New Delhi: Contrary to perceptions that Indian Institutes of Technology (IITs) are not doing enough research, IIT-Delhi has earned over 102 crore (1.2 billion) in a year from research projects -- more than what the government gives it as annual grant.

Sponsored research saw a major growth in the number of projects as well as in revenue earning during 2008-09.

"The earning from sponsored research is growing year after year. Now our earnings are more than the government's recurring aid of 100 crore to us. This is a landmark," M. Balakrishnan, dean of post-graduate studies at IIT-Delhi, told IANS.

He said the top technology school has managed to earn 102.81 crore (1.28 billion) last year up from 28.2 crore (282 million) in 2004-05 and 84 crore (840 million) in 2007-08.

"This is contrary to belief that we are very poor on research output," Balakrishnan said.

The number of sponsored research projects has gone up from 87 in 2005 to 138 in the last fiscal. Similarly, IIT Delhi also helped corporates in nearly 700 consultancy jobs.

Balakrishnan said that during the 2008-09 period, the faculty undertook 27 international projects including seven from U.S. defence aircraft manufacturer Lockheed Martin.

Other foreign bodies who came to IIT-Delhi for help include Canada's International Development Research Centre and departments of science and technology of Germany and Britain. Organisations from Sri Lanka, Kenya, France, Switzerland and Japan too got involved with the top engineering school for research work.

Among Indian organisations, Bharti Airtel, Aeronautical Development Agency, Indian Council of Agricultural Research and various central and state government ministries sought IIT-Delhi's assistance to seek solutions.
Source: IANS
Write your comment now
Submit Reset
Reader's comments(12)
1: Let's see what happens this year. Kapil Sibbal has also given some new hopes. And good observation - 1.0281 Billion one :)

Posted by:www.nishantranka.blogspot.com - 03 Sep, 2009
2: If you wait for Indian govt it is like waiting for rain during draught time Indian govt is totally corrupt in all respects ask the politicinas to tocuh thier hearts and tell how many of them are genuinely paying tax people not interested in country are ruling the country so everything is fraud here no vision for the country no development just looking to fill pockets thier children will certainly face the wrath and when they undergo pain their corrupt parents will know a time will come when a mighty blow will be given
Posted by:Krishnan - 31 Aug, 2009
3: Really appreciable...I may say that this IIT also did good work in rural industrialization too...
Posted by:GOPIKANTA GHOSH - 31 Aug, 2009
4: This is very good sign. Long awaited news.
Posted by:Naga - 31 Aug, 2009
5: It is good for IIT to earn a large sum/but look at the other side/Largest number of undernutritioned children in the world are in India/Worl'd largest anemic teenagers (Girls)in India/90% of blind of the world live in India who were not born blind but became blind due to defficiency of vitamin A
/15 lacs women die due to cervical cancer,due to nonavailability of low cost sanitary napkins
Posted by:H.S.Sharma,FAO(UNO) Consultant - 31 Aug, 2009
6:
excuse me sir i do agree to the situations brought to light by you.but we should look to the brighter side of the story that IIT delhi has added a golden page to the history of research,and in addition to it we should stop lamenting over the misfortune of our country and do something for it,by not making all these issues to fall into deaf ears.thank you
MONALISA ROUT Replied to: H.S.Sharma,FAO(UNO) Consultant - 31 Aug, 2009
7:
its true that the children are malnutritioned and undergo a lot of other problems but how is it related to the field of education.Instead of getting dissapointed at the fate of our country we must do something and in addition to that we must feel proud that IIT DELHI is adding a golden chapter to the research sector,and feel proud of it.
MONALISA ROUT Replied to: H.S.Sharma,FAO(UNO) Consultant - 31 Aug, 2009
8: IIT Delhi is going ahead in research , and in current days alot of youth(I am one among them) are attracted towards research. This realisation has given the necessary impetus to push the trigger for funds or technology transfer. I diasagree with Sameer, because no research is futile.... Everything has its own importance and worth. Each result will have an importance in sense that it triggers some other research in some other part of the world.... Anyway research is in great demand in India... No doubt about that .....
Posted by:Jeevanand - 31 Aug, 2009
9: What is the output of this research apart from the revenues earned was it really used anywhere ? was it practical and useful to the clients
Research has to have some practical output and applications, thats how we use all the modern gadgets today. Because some one did some research which was useful to the society and business as whole.
Posted by:Sameer - 30 Aug, 2009
10:
I think that people wouldn\'t have sponsored the research if they weren\'t going to use it anywhere. I mean a company wouldn\'t shell out crores for nothing so clearly the worth of the research done is 102 crores. that\'s how we value anything in an economy
pushpendre Replied to: Sameer - 03 Sep, 2009
11: It is not clear if this is \"earning\". Since only overheads would be \"earning\" for IIT. My feeling is that number being quoted is the funds committed for sponsored research. Most of these go to pay for expenses and a smaller portion 10-20% is retained as overheads by the organization.
Posted by:Prabhat Ranjan - 30 Aug, 2009
12: there is a little mistake in the conversion of Crore and Billion i.e. Rs.102.81 crore = Rs.1.28 billion. It should be Rs.102.81 crore = Rs.1.0281 billion
Posted by:Partha Mukherjee - 30 Aug, 2009
SPOTLIGHT