Alumni Funding for IITM

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CHENNAI: Four years after the Indian Institute of Technology (IIT) Madras Growth Fund was set up to raise contributions from the alumni for implementing a host of infrastructure projects on the campus, the IIT Madras director M S Ananth is once again knocking on the doors of the global alumni to raise an ambitious Rs 100 crore for the IIT Madras Golden Jubilee Fund.

With government funding being inadequate, the IIT is in need of massive financial resources to initiate infrastructural development and fund research scholars in a big way.

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