How much IITs earn for Government

Earning of IITs through research, inventions, consultancy and patents

The Indian Institutes of Technology (IITs) are bestowed by Government of India to offer best of the higher technical education and conduct groundbreaking research programs. For the purpose the government allocates budget for functioning of these institutions in each Financial Year. These institutes not only earn name and fame by producing eligible human resources but also earns revenue from various sources like research, inventions, consultancy and patents.

The Ministry of Human Resources (MHRD) has disclosed earning of IITs. The IIT Bombay has grabbed the top spot. Below are given earning figures for the last three years

Indian Institute of Technology Bombay (IITB)

Year 2017-18 : Rs. 17.99 Crore

Year 2016-17 : Rs. 17.11 Crore

Year 2015-16 : Rs. 10.55 Crore

Indian Institute of Technology Madras (IITM)

Year 2017-18: Rs. 11.67 Crore

Year 2016-17: Rs. 10.87 Crore

Year 2015-16: Rs. 7.15 Crore

Indian Institute of Technology Delhi (IITD)

Year 2017-18: Rs. 10.61 Crore

Year 2016-17: Rs. 8.841 Crore

Year 2015: 16: Rs. 7.030 Crore

Source Times of India Dates 22 July 2018

NTA: National Testing Agency

National Testing Agency (NTA) of India for Assessment for Admission in Higher Education, Research and Recruitment

The National Testing Agency is an arm of Ministry of Human Resources Development (MHRD) of Government of India (GOI). The agency will conduct Assessment Tests for Admission into Engineering, Medical, Pharmacy, Architecture, Management programs and will work for excellence in research.
Starting 2019, the NTA will conduct following Assessment Tests

• National Eligibility Cum Entrance Test for UG Medical Courses – NEET UG
• Joint Entrance Examination – JEE
• Central Management Aptitude Test – CMAT
• Graduate Pharmacy Aptitude Test – GPAT
• UGC National Eligibility Test – UGC NET
• Central Teachers’ Eligibility Test - CTET

The test scores will be a measure of competence of students for admission into higher educational institutions and / or recruitment for different posts and services.
 

Contact Details 

Address

 
C-20 1A/8 ,Sector 62
IITK Outreach Centre,
NOIDA-201309
 

Email: nationaltestingagency@gmail.com
 

Website: nta.ac.in

Source: 

National Testing Agency to conduct NEET, JEE Main twice a year; UGC-NET, other competitive exams to be computer-based

National Testing Agency

Now NEET twice a year

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