IIT Delhi alumnus gifts INR 10 crore to institute’s endowment
The endowment will establish a first-of-its-kind full-ride fellowship at IIT Delhi for the top five UG students joining the institute.
An IIT Delhi alumnus, Amit Sinha, who completed his BTech in electrical engineering from the institute in 1998, has gifted an endowment of INR 10 crore (USD 1.34 million) to the institute, through the Amit & Deepali Sinha Foundation, to support the establishment of various student fellowships, scholarships and development programmes as well as faculty chairs in key technology fields.
The endowment will establish a first-of-its-kind full-ride fellowship (covering all education-related expenses at the institute) at IIT Delhi for the top five undergraduate students joining the institute each year, for all four years, based on their JEE Advanced rank. Of the five fellowships, one would be awarded to the top woman JEE ranker joining the institute, aiming to encourage women in STEM (science, technology, engineering and mathematics).
In addition, the endowment will establish 15 student scholarships to provide financial assistance to students from economically weaker backgrounds, along with two leadership-based awards for third year students to support internship/exchange programmes.
The endowment will also establish two faculty chairs to promote research in electrical engineering and computer science. The electrical engineering chair will promote research in areas such as wireless communications, renewable energy and nanoelectronics, while the computer science chair will promote research in areas such as artificial intelligence, cybersecurity and quantum computing.
V Ramgopal Rao, incumbent Director, IIT Delhi, said, “IIT Delhi is proud of such alumni who serve as role models for our students. It is a testimony to the high regard they have for their institute and an acknowledgement of the role IIT Delhi has played in their careers. We wish them further success.”
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