BHUBANESWAR | Tuesday, December 9, 2008 | Email | Print | 
Vedanta Varsity allotted 6,000 acres of land
PNS | Bhubaneswar
The State Government has allotted 6,000 acres of land, and not 8,000 acres as reported in a section of the media, to the Anil Agarwal Foundation to establish its world-class Vedanta University near the Puri-Konark marine drive.
The land would be used only for the purposes of the university as per the terms of the Government, said a project release on Monday.
The release said the Anil Agarwal Foundation is acquiring land at full market value, well beyond the Government’s land acquisition norms in terms of compensation, ex-gratia payment, rehabilitation and other facilities to the landowners.
Out of the 6,000 acres earmarked for the university, only 1,300 acres constitute the land owned by Lord Jagannath.
The temple trust has agreed to sell the land for the educational mission and the foundation is acquiring it at full and fair market value.
The release claimed that world-class universities like Stanford, Duke and Harvard have land areas of 8,180 acres, 7,200 acres and 4,940 acres, respectively. Vedanta University, 6,000 acres, would be unique with 100,000 students, 10,000 faculty and 95 academic disciplines.
Vedanta would have no control over any land near or far from its site. The Puri-Konark Development Authority and the district administration would make all decisions regarding future developments in the area.
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