Odisha Govt Signs MoU with SVKM Trust for Establishment of NMIMS University

Bhubaneswar: To promote qualitative higher education and research , historic collaboration with Shri Vile Parle Kelavani Mandal Trust (SVKM) and Government of Odisha has been made with signing of a Memorandum of Understanding (MoU) worth Rs 300 crore.

This MoU has been signed today in presence of Atanu Sabyasachi Nayak, Minister, Higher Education, FS&CW and Co-operation , Chief Secretary, Pradeep Kumar Jena , Development Commissioner, Anu Garg and other dignitaries in a program held at Lok Seva Bhawan.

This will establish a world-class educational campus in Bhubaneswar namely NMIMS University at Info- Valley, Khordha. On behalf of Higher Education Department, Secretary, Aravind Agrawal and from SVKM Trust Secretary Jayant Gandhi signed the MoU.

Odisha Government has allocated 40 acres of land on lease in Goudakashipur, Jatni, Bhubaneswar for the establishment of this University free of cost and free registration for an initial period of 30 years, extendable for another 30 years and free from annual maintenance charges of IDCO.

Speaking on the occasion Minister Higher Education said that, signing of MoU with SVKM is a significant milestone for the State, especially for Higher Education Department.

This partnership embodies our dedication to elevating education, fostering growth, and nurturing a brighter future for all.

The outlined terms illustrate a path towards educational excellence – from being a learning resource centre fostering global engagement to admission opportunities for 30% seats for Odisha domicile students based on merit.

“This collaboration isn’t just about infrastructure; it’s about nurturing a culture of learning and innovation. The responsibility shared in bearing expenses underscores our joint commitment to fostering an environment conducive to growth and knowledge dissemination”.

The Minister said, “ By aligning with SVKM, we’re sowing the seeds for a world-class educational hub, bolstering Odisha’s stature in higher education. Together, we’re not just establishing a campus; we’re shaping destinies and contributing to the holistic development of our region”, he added.

SVKM Secretary, Dr. Gandhi complemented Odisha State for giving opportunity for establishing this University. “We are going to set up an international standard educational campus which will impart quality education for the students”, Dr. Gandhi said.

The campus will encompass educational facilities from Kindergarten (KG) to Postgraduate (PG) levels. The campus development and other facilities will be done in a phased manner with support from the Odisha government.