A short distance from the well-preserved remains of the old university, 500 acres of land are being acquired by the state government to rebuild the ancient seat of learning.
"This project will cost Rs 1,000 crores spread over the first few years," says Dr Madan Mohan Jha, Bihar's human resources commissioner. "The deadline for beginning construction is next year."
The state government has already provided Rs 16 crores for the land and is committed to alloting more funds, adds Dr Jha.
The Dalai Lama, Nobel Laureate Amartya Sen, British economist Meghnad Desai and economist Jean Dreze will advise the Bihar government on setting up the university.
Image: A statue of Xuanzang, Huan Tsang, the Chinese philosopher, in Nalanda. Xuanzang was a student at Nalanda University for five years and taught here for a year.
Also see: The Daughters of Bihar
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