Kumar Bahukhandi
Chief Minister Vishnu Deo Sai witnesses the Signing Ceremony Of Memorandum Of Understanding (MoU) between Chhattisgarh Government, IIM, NIT and Motilal Oswal Foundation on August 8, 2025 at Pt. Deendayal Upadhyay Auditorium in the capital Raipur- Photo Credit-CG/PR
In Short
*Tripartite MoU signed between Chhattisgarh Government, IIM, NIT and Motilal Oswal Foundation
*Chief Minister Vishnu Deo Sai witnessed the signing Ceremony
*Foundation contributes Rs 172 crore to IIM and NIT
Raipur: A new era in the field of education, skill development and innovation begins in Chhattisgarh on August 8, 2025 under the leadership of Chief Minister Vishnu Deo Sai.
Chief Minister Sai witnessed the signing of the tripartite Memorandum Of Understanding (MoU) between Chhattisgarh Government, Indian Institute of Management (IIM) Raipur, National Institute of Technology (NIT) Raipur and Motilal Oswal Foundation in a special program organised at Pt. Deendayal Upadhyay Auditorium in the capital today.
Tripartite MoU signed between Chhattisgarh Government, IIM, NIT and Motilal Oswal Foundation-Photo Credit-CG/PR
The construction of the Entrepreneurship Center to be established under this agreement will start in the year 2025-26 and a target has been set to make it fully functional by the year 2027-28.
Revolution of education, skill and innovation will reach every village: Chief Minister Sai
Chief Minister Vishnu Deo Sai said on this occasion that the MoU signed today will provide significant assistance in realising the “Chhattisgarh Anjor Vision”. This partnership will bring the revolution of education, skill development and innovation to every village in the state, which will inspire the youth to grow in life.
The Chief Minister said that under this tripartite agreement, “Smt. Mithilesh Agarwal Innovation and Entrepreneurship Excellence Center” will be established, which will work to make the youth self-reliant through research, experimentation and entrepreneurship.
He also said that this ‘Center of Excellence’ should not be limited to the students of IIM or NIT only, but should also benefit the youth of every village.
The Chief Minister also urged the industry to join this education and skill development movement.
Chhattisgarh will lead an innovation-based economy, not a resource-based one: Chief Minister Vishnu Deo Sai .
Chief Minister Sai further said that Chhattisgarh is now rapidly progressing in cutting-edge sectors like core sector as well as semiconductor, artificial intelligence, pharma, defense, aerospace and green hydrogen. As a result of more than three hundred and fifty reforms done in the last 20 months, a favorable environment for investment has been created in the state and investment proposals worth more than Rs 6.75 lakh crore have been received in just eight month, CM added.
The Chief Minister called upon the people of the state to take a pledge that we will make Chhattisgarh a state leading an innovation-based economy, not a resource-based one – where the youth become the carriers of change and give direction to the society through entrepreneurship.
The country’s largest training center will be built for farmers
Co-founder and Chairman of Motilal Oswal Foundation, Ramdev Agarwal, announced the establishment of the country’s largest training center for farmers in Raipur at the program. He said that Chhattisgarh is a very prosperous state, which has immense possibilities of development. His foundation is fully dedicated to this development journey. Agarwal informed that the Foundation has decided to dedicate 10 percent of its total funds for social welfare, which will be used in works related to education, skill and agriculture.
Motilal Oswal Foundation’s contribution of Rs 172 crore
Motilal Oswal Foundation has announced a donation of Rs 172 crore to IIM Raipur and NIT Raipur. Out of this, Rs 101 crore will be given to IIM Raipur and Rs 71 crore to NIT Raipur.
With this donation, 202 rooms of “Oswal Hostel” and “Dau Ram Gopal Agarwal Knowledge Center” will be established in IIM Raipur.
Besides six international MBA programs will be started in collaboration with top institutions of America, Britain, France and Germany.
Similarly, “Smt. Mithilesh Agarwal Center of Excellence” will be established in NIT Raipur, which will work on deep-tech areas like Artificial Intelligence, Robotics, Internet of Things, Blockchain and Clean Energy.
The centre will train over 10,000 youth, incubate over 250 startups and create over 5,000 skilled jobs by 2030. The initiative has been developed in line with the industrial needs of Chhattisgarh – particularly in the mining, steel and manufacturing sectors – and will focus on solving real problems in collaboration with local industries.
Principal Secretary Niharika Barik, Secretary, Higher Education and Skill Development Department, S. Bharatidasan, Chief Executive Officer, Chhattisgarh State Skill Development Authority, Vijay Dayaram K, Chairman, NIT Raipur, Dr. Suresh Haware, Chairman, IIM Raipur, Puneet Dalmia, Director, NIT, N.V. Prasanna Rao, Director-in-Charge, IIM Raipur, Dr. Sanjeev Parashar, administrative officers, academicians and a large number of students were present on the occasion.
