Tata Trust assures Rs 5 crore financial support to TISS

In June 2024, citing lack of funds, TISS had discontinued contracts of over 100 staff members appointed under the TET-funded projects. The decision was withdrawn within days as TET assured extended funding which was expected to support the TET projects until December 2024.

Recently, contracts of these faculty members, including the administrative staff appointed under the TET-funded projects, were extended till March 2025 on the basis of funds available with the institute. Days before the December deadline was to end they were individually sent the new contracts by the TISS administration informing about a three-month extension. The institute administration in December had also expressed that it was hopeful of a meeting with the Tata Trust to discuss further extension in funding.

Extending gratitude to the Tata Trust for the extended support, Prof Das said, “The Tata Education Trust has been an unwavering pillar of support for TISS throughout our journey. This annual salary grant to TISS is yet another testament to their visionary pursuit that would pave the way for continuing the transformative teaching, research and field action programmes.”

While this extended support for another year comes as a relief to the over 100 faculty members appointed under TET-funded projects, whose contracts were set to expire in the coming months; a senior official from the institute said that TISS has also devised a long-term sustainability plan aimed at making the TET projects self-sufficient through the introduction of new revenue-generating courses.