NALANDA UNIVERSITY

                                        NALANDA UNIVERSITY
              Nalanda University  is located in Rajgir, near NalandaBihar, India. The University began its first academic session on September 1, 2014 with 15 students including five women. Initially set up with temporary facilities in Rajgir, a modern campus is expected to be finished by 2020.Nalanda is exclusively a post-graduate and doctoral school. On 28 March 2006 the 11th President of India A. P. J. Abdul Kalam proposed the idea while addressing the Joint Session of the Bihar Vidhan Mandal for revival of Nalanda university. The Nalanda University Bill, 2010[4] was passed on 21 August 2010 in Rajya Sabha and 26 August 2010 in Lok Sabha. The bill received Presidential assent on 21 September 2010 thereby becoming an Act. The University came into existence on 25 November 2010, when the Act was implemented.
Related image             Despite the international dimension of the project being repeatedly stressed, the total amount received from the participating countries in the East Asia summit, including Australia, China, Thailand, Laos and Indonesia, is Rs. 12.45 crore (1.8 million dollars). Surpassing the foreign government contributions, former Chancellor George Yeo’s initiative to raise funds from private Singaporeans has led to a pledge of 10 million Singapore dollars (Rs. 48.89 crore) for the library building. Japan promised to finance the construction but has not paid anything. Singaporemay not pay for the library, now that Yeo has resigned. Gopa Sabharwal has been appointed the first Vice-Chancellor of this university in February 2011.
                   It has been estimated that US$500m will be required to build the new facility, with a further US$500m needed to sufficiently improve the surrounding infrastructure. The group is looking for donations from governments, private individuals and religious groups. The State Government of Bihar handed over 443 acres (179 ha) of land acquired from local people, to the University, where construction work has not begun. It is a dream project of the Chief Minister of Bihar Nitish Kumar.
                   The university's visitor is the President of India. The chancellor and chairperson of the governing board is Vijay Bhatkar. The vice-chancellor is Sunaina Singh. The governing board comprises the chancellor, vice-chancellor, five members from the countries with highest contribution (India, China, Australia, Laos and Thailand), a secretary, two representatives from the Government of Bihar, a representative from the Ministry of Human Resource Development, and three persons in the category of "Renowned Academician or Educationist", Arvind SharmaLokesh Chandra and Arvind Panagariya.



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