Business

Indian Institute for Human Settlements gets Rs 50 Crore gift

This is one of the largest gifts in India’s history for a new School at a prospective national University.

Nandan and Rohini Nilekani have announced a generous gift of Rs. 50 crore ($ 11 million) to the Indian Institute for Human Settlements (IIHS) to fund the establishment of its School of Environment and Sustainability. They issued a joint statement, saying that “IIHS is at the convergence of both our interests in education, urbanisation and sustainability. We are excited about contributing to an institution which will help people engage with new challenges in an innovative and interdisciplinary manner.”

Indian Institute for Human Settlements

The IIHS ( www.iihs.co.in ) is a national educational institution committed to the equitable, sustainable and efficient transformation of Indian settlements.  The proposed IIHS University aims to be a globally ranked, practice and innovation-oriented knowledge institution that will seek to bridge the excellence, scale and inclusion divide.

The 50 Crore gift is a major step in a Rs. 300 crore ($ 67 million) IIHS resource mobilisation campaign to fund five interdisciplinary Schools, one of South Asia’s largest reference and digital libraries and other facilities for its Bangalore campus. An additional Rs. 100 crore ($ 22 million) will be raised for chair professorships.

indian institute of human settlements

The IIHS is nurtured and led by a group of eminent Indians who include: Xerxes Desai, Jamshyd Godrej, Cyrus Guzder, Renana Jhabvala, Vijay Kelkar, Keshub Mahindra, Kishore Mariwala, Rahul Mehrotra, Bansi Mehta, Rakesh Mohan, Nandan Nilekani, Nasser Munjee, Deepak Parekh, Shirish Patel and Deepak Satwalekar.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top