IIT-Delhi’s big target: $1 billion endowment fund2 min read 21 Oct 2019, 11:26 AM IST
IIT-Delhi has been talking about building an endowment fund for past couple of years
Endowment funds are a big source of income for top global universities who use a portion of it for development work and students scholarship
New Delhi: Indian Institute of Technology in Delhi (IIT-Delhi) has stepped up an effort to garner $1 billion dollar over the next six years as endowments from industry and alumni including Sachin Bansal.The endowment fund will be announced on 31 October, two days ahead of its Golden Jubilee convocation ceremony on 2 November.
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