Joint Venture
The Global Open University is a joint public-private partnership venture between the Government of Nagaland and the World Institution Building Programme (WIBP). The state government gives grants-in-aid to sponsor the students from Nagaland by paying their fee, and the WIBP as the sponsoring agency for the university provides Rs. 7 Crore as the Corpus Fund in the name of The Global Open University.
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Famous quotes containing the words joint and/or venture:
“What’s a joint of mutton or two in a whole Lent?”
—William Shakespeare (1564–1616)
“Courage charms us, because it indicates that a man loves an idea better than all things in the world, that he is thinking neither of his bed, nor his dinner, nor his money, but will venture all to put in act the invisible thought of his mind.”
—Ralph Waldo Emerson (1803–1882)