Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

Innovator Sonam Wangchuk seeks Rs 14 crore funding for university plan

PTI|
Updated: Jan 10, 2018, 12.04 PM IST
0Comments
Wangchuk is planning something bigger this time which he believes would help students earn bread and butter income.
Wangchuk is planning something bigger this time which he believes would help students earn bread and butter income.
NEW DELHI: Innovator and educationist Sonam Wangchuk, the real life Phunsukh Wangdu of Aamir Khan-starrer '3 Idiots', aims to set up a skill-based university at a cost of Rs 800 crore in Ladakh region of Jammu and Kashmir.

After setting up SECMOL, a non-traditional school which brought in educational reform in the region and improved the number of students clearing exams up to intermediate level, Wangchuk is planning something bigger this time which he believes would help students earn bread and butter income.

The engineer-turned educationist told PTI that he plans to set up a university, Himalayan Institute of Alternatives, Ladakh, over 200 acres in Phyang Valley. The land has been allotted by the Ladakh Hill Council, he said.

To fund his one-year old idea, Wangchuk has joined hands with crowdfunding platform Milaap to raise initial funding.

"In the first phase, we look to start our first course of integrated mountain development from March-April 2018 for which we need Rs 14 crore. Rs 7 crore will be raised through crowd funding ... on Milaap by January 26, 2018 and another Rs 7 crore is to be collected from corporate CSR to take the plan forward," he said.

The crowd funding campaign has also seen some unthinkable volunteers, he said.

Arjun Rajawat, an 8th grade student from Ridge Valley School, Gurgaon, raised Rs 1 lakh through a campaign of his own among his school friends and relatives. Similarly the Singapore International School, Mumbai raised Rs 2 lakh through various activities done by its students.

"I gave up everything for the people of this far-off region. I myself have given Rs 2 crore ... I invite investors to come to Ladakh and see what are the issues from education to basic lifestyle here and help me in this dream," Wangchuk said.
0Comments

Also Read

Private schools can't be the answer to the nation's needs: Sonam Wangchuk

Sonam Kapoor's fashion label Rheson wins PETA award

Kapoor sisters, Sonam and Rhea, are working round-the-clock for their latest venture

Sonam Kapoor turns heads in gold Elie Saab outfit at Cannes

Cannes 2017: Sonam or Deepika? Who will take the French Riviera by storm?

Comments
Add Your Comments

Loading
Please wait...