"Amartya Sen has been appointed chancellor of the Nalanda University," N K Singh, a member of the board, who is also a member of Parliament from Bihar, told newspersons here.
Singh said that board also decided that process of recruitment of the acclaimed and renowned faculty for the university will start from July 2013.
"The academic session of two schools of historical sciences and the school of environment and ecology of the university will formally began in April 2014," Singh
Vice Chancellor, Gopa Sabbarwal said that the university had received funds from China and Thailand. The Chinese government has provided $1 million, while the Thai government provided $100,000. The University authorities will approach countries associated with the project to expedite its completion soon.
The university will be fully residential, just like the ancient Nalanda University. It will offer courses in science, philosophy and spiritualism along with social sciences.