History
Envisioned to fulfill the shortfall in scientists and engineers at ISRO, by offering undergraduate and postgraduate education and research programmmes in space science and technology and integrated Masters in space science, the institute started functioning from the Vikram Sarabhai Space Centre (VSSC) campus, Thiruvananthapuram, on September 14, 2007 with an initial investment of 270 crores and annual recurring cost of 40 crores by the Union Government. The expenditure of each student during the course is supported by ISRO in the form of scholarships or assistantships, and successful students are subsequently absorbed into ISRO. It is the only institute of its kind in India, which offers a B.Tech. degree in Space Technology, and subjects suited to the requirements of ISRO. B. N. Suresh, former director of Vikram Sarabhai Space Centre, is the founding director of the institute.
On 14 July 2008, the Union Human Resource Development Ministry, on the advice of the University Grants Commission (UGC), conferred deemed university status, under a new category, to the institute for a period of five years.
Read more about this topic: Indian Institute Of Space Science And Technology
Famous quotes containing the word history:
“I am not a literary man.... I am a man of science, and I am interested in that branch of Anthropology which deals with the history of human speech.”
—J.A.H. (James Augustus Henry)
“In every election in American history both parties have their clichés. The party that has the clichés that ring true wins.”
—Newt Gingrich (b. 1943)
“There is no history of how bad became better.”
—Henry David Thoreau (1817–1862)