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Rediff.com  » Business » Andhra rolls out red carpet for Vedanta varsity

Andhra rolls out red carpet for Vedanta varsity

By Kalpana Pathak
December 10, 2010 10:27 IST
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The Andhra Pradesh government has rolled out a red carpet for the Anil Agarwal Foundation's proposed Rs 15,000-crore Vedanta University project, after the Orissa High Court termed the land acquisition process illegal for the multi-disciplinary university in Puri.

In a letter to Anil Agarwal, chairman and founder of Vedanta Resources, K Rosaiah, then chief minister of the state, said, "Andhra Pradesh strongly believes in nurturing great institutions of learning to empower youth, realise demographic dividend in full measure and to truly make the state a global center of learning."

Despite Rosaiah resigning last month, state government officials say the state is keen on Vedanta considering their proposal.

"Even if Rosaiah resigned, we still have a Congress government in the state and we are keen to have Vedanta University on board. The ball is in Anil Agarwal's court now," said a senior state government official.

The official said Vedanta University officials were shown three different sites in September. These lands, however, are private ones and would be sold to Vedanta at reasonable rates.

It was suggested to Vedanta officials to have the university's head office in Hyderabad, with campuses in other cities, including Bangalore and Chennai.

"Instead of setting up a campus in one city, they can spread it over to other cities too. We have shown them land, which is at a reasonable distance from Bangalore and Chennai, and would be connected through the golden quadrilateral," the official added.

Andhra Pradesh has already invited institutions like the Tata Institute of Fundamental Research, CMC Vellore, and Indian Institute of Science. Indian Institute of Management, Ahmedabad, is setting up a satellite campus in the state.

Vedanta University is modelled on Stanford University and aims to be a world-class, multi-disciplinary university, with students from around the world.

However, the varsity, which was to begin operations by mid-2011, has not even started the basic infrastructure work on the land due to stiff opposition from locals and lack of political support.

The foundation had earlier told Business Standard that if it was not able to set up the university in Orissa, the land acquired could be made into an extended arm of the university, which could be housed outside Orissa.

A director of a local institute said, "The university concept is a good one and if Vedanta opts out, it would be an opportunity loss for Orissa."

 

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Kalpana Pathak in Mumbai
Source: source
 

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