![]() Financial Daily from THE HINDU group of publications Friday, Jul 18, 2003 |
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Industry & Economy
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Education Private varsity set up in Chhattisgarh Our Bureau
Bangalore , July 17 MAHAVEER Academy of Technology and Sciences (MATS) has become the latest entrant in Chhattisgarh, the newly carved State from the tribal belt of Madhya Pradesh, to set up a private university with multi-disciplinary faculties. It is the third such institution set up under an Act promulgated by the Chhattisgarh Government. The MATS University, which has been inaugurated by the Union Minister of State for Human Resource Development, Mr Vallabbhai Kathiria, at Raipur, is among the three such institutions established under the Chattisgarh Niji Kshetra Vishwavidyala (Sthapana aur Viniyam) Adhiniyam. The Institute of Chartered Financial Analysts of India from Hyderabad is the earliest to start the private university in Chhattisgarh. Mr R. Chenraj Jain, Chairman of the Jain Group of Institutions, which is among the premier educational institutions in Bangalore, said that the University Grants Commission (UGC), the apex body of universities in the country, had already accorded recognition to the MATS University. With the institution all set to start its academic courses, it has also appointed Dr C.G. Krishnadas Nair, former Chairman of Hindustan Aeronautics Ltd, as the Vice-Chancellor of MATS. The Raipur campus will offer undergraduate programmes with an intake of 400 students in Business Management, Commerce, Fashion Technology, Computer Application and Biotechnology. In the post graduation programme, the MATS University will impart training in Business Administration.Mr Jain told Business Line that MATS would be investing about Rs 100 crore to set up private universities in Andhra Pradesh and other States once they promulgate an enabling law like Chattishgarh. On the Raipur campus alone, it will be investing Rs 35-40 crore with an additional investment of Rs 60-70 crore being planned for other centres for infrastructure development, which includes its existing institutions in Bangalore.
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