- The Central Government will soon launch a ‘Smart Campus Campaign’.
- Objective: Under this campaign educational institutions will be encouraged to optimize use of water, electricity and also adopt measures for generating power through solar installations.
- The institutions which perform on the parameters of saving, conserving and recycling would be identified and honoured.
- Five new Research Parks: Based on the recommendations of the National Expert Advisory Committee (NEAC) constituted by the Department of Science & Technology, Government has decided to set-up five new Research Parks at IIT Delhi, IIT Guwahati, IIT Kanpur, IIT Hyderabad, and IISc Bangalore at a total cost of Rs.75.00 crore each.
- Government has also approved continued funding of two Research Parks at IIT Bombay and IIT Kharagpur at a cost of Rs.100 crore each.
- The Research Park at IIT Gandhinagar at a total cost of Rs.90 crore is funded by the Department of Science & Technology.
- IIT Madras Research Park, the first park, is fully functional with 43 R&D clients, 4 Incubators, 55 Startups, and 5 Centres of Excellence.
- Government provides necessary budgetary support to the IITs for campus development by using environment friendly methods. Government intends to undertake review periodically of functioning of research parks.
- Objective of Research Park: The Research Park facilitates the promotion of research and development by the institute in partnership with industry, assisting in the growth of new ventures, and promoting economic development.