Updated on: Saturday, May 12, 2012
Punjab government gave the nod for setting up an Indian Institute of Information Technology (IIIT) at Kapurthala, an official spokesperson said here.
A spokesperson of the Chief Minister's Office said Prakash Singh Badal also gave clearance for 50 acres of land for setting up this institute at a suitable site in or around Kapurthala.
Meanwhile, Chief Secretary Rakesh Singh apprised the CM about the upcoming IIIT which would be developed in Public-private partnership (PPP) mode at a cost of Rs 128 crore with the state government sharing 35 per cent of the cost, Centre 50 per cent and 15 per cent by a private player from the industry.