IIT Madras establishes Institute Advisory Board to incorporate global practices
CHENNAI [Maha Media]: In a recent development, the Indian Institute of Technology Madras (IIT Madras) has established an ‘Institute Advisory Board’ (IAB) with eminent personalities from across the world. The members have been chosen from various fields, including business, academia and philanthropy. The Board is supposed to guide the institute on adopting the best global practices followed by renowned international institutes.
The aim of these international practices will be to encourage:
• Acceleration of research programmes
• Establishment and growth of world-class research centres
• Innovation and entrepreneurship
• Recruitment of top faculty members and students from across the globe
According to a press release, the objective of the IAB is also to help IIT Madras implement its Plan of Action outlined under the ‘Institution of Eminence’ (IoE) project of the Government of India. The initiative aims to provide financial aid to select public institutions through five years to be at par with the best international institutes. The aid will be up to ?1,000 crores.