Incubation fund mooted to boost research

Replicating the model of the research park of IIT-Madras,the initial funding will come from the government. But the institute will later be expected to raise resources from the market on its own.

Noting the need to enhance employability,Raju emphasized upon the need for greater collaboration with industry to fund research activities,skill development,innovation and entrepreneurship.

The HRD ministry will also soon launch the National Employability Enhancement Mission NEEM through AICTE,a framework for companies and entrepreneurs to provide employability skills and internship as value-added proposition to students across fields.