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NITI to contribute to AIT Endowment Fund

Alumnus of the Asian Institute of Technology (AIT) and Executive Chairman of Nepal’s National Information Technology Institute (NITI), Mr. Pramod S. S. Pradhan has announced that half of his earnings from undergraduate student recruitment would be donated to the AIT Endowment Fund. He stated this during the signing ceremony of the Memorandum of Agreement (MOA) between NITI and AIT on 16 July 2010.

NITI to contribute to AIT Endowment Fund

Prof. Said Irandoust and Mr. Pramod S. S. Pradhan

Mr. Pradhan, who is also the former president of the Nepal Chapter of the AIT Alumni Association, announced that while 50 per cent of NITI’s earnings from the undergraduate recruitment would be spent on publicity and AIT promotions, the remaining 50 per cent would be contributed to the AIT Endowment Fund.

AIT President, Prof. Said Irandoust expressed his happiness and gratitude at the announcement made by Mr. Pradhan. NITI signed two MOA with AIT to act as a Student Recruitment Agent (SRA) for both undergraduate and postgraduate students.NITI would help AIT recruit both students and training participants from‭ ‬Nepal.‭

NITI,‭ which was ‬founded in‭ ‬2001‭ ‬is a consortium promoted by a group of professionals‭ including ‬IT experts,‭ ‬engineers,‭ ‬socio-economists,‭ ‬management‭ and ‬financial experts. Majority of NITI professionals are AIT alumni. Its academic programs are offered under the affiliation of Purbanchal University,‭ ‬a national university empowered to award degrees in higher education in Nepal.‭

Apart from the AIT President and Mr. Pradhan, the MOA signing ceremony was attended among others by Dr. Sriram Bhagut Mathe, Chairman, Nepal Education Foundation, and Former Dean, Institute of Engineering, Tribhuvan University (TU), Nepal; Mr. Umesh Shrestha, Chairman, LA College of Higher Studies (LACHS); Dr. Madan Manandhar, Director, LACHS and Principal, LA College of Management and former Director, Nepal Administrative Staff College; Rajesh Shrestha, Chief Financial Controller, LACHS; and Ms. Shristi Limbu, Corporate Director, LACHS. The AIT team included Prof. Joydeep Dutta, Vice President for Academic Affairs; Dr. Pritam. K. Shrestha, Head, External Relations and Communications Office (ERCO); Mr. Karma Rana, Institute Secretary and Ms. Sumana Shrestha, Program Officer, ERCO.