"We are awaiting the governor's assent of the bill," said state industries minister Raghunath Mohanty.
In the Orissa House on Saturday, opposition members put the treasury bench on the mat raising the controversial Vedanta University issue.
Congress chief whip Prasad Harichandan wanted to know why the governor is not giving his assent to the bill which was passed in the House on July 30, 2009. He also questioned the propriety of using the word "university" while the bill is yet to be converted into an Act.
The minister, while replying to an adjourment motion on behalf of the state higher education minister, Debi Prasad Mishra, assured the members that the University status would be accorded to the Vedanta eudcation project after the bill becomes an Act.
The minister dismissed the Opposition's allegation that the Anil Agarwal Foundation had been favoured even though it is a private limited company. He said the company has already filed with the Registrar of Companies (RoC)that it's a public limited company. Moreover, it has made the necessary amendment in the Memorandum of Articles in its AGM soon after. Quoting a recent Supreme Court judgetment, he said the company would be considered as a public limited company once it filed the papers under section 23 of the RoC Act.
Mohanty said the Anil Agarwal Foundation is going to set up a unique multi-disciplinary world class university near Puri with a total investment of Rs 24,000 crore. The University, which will employ 10,000 teachers, would have an intake capacity of 1 lakh students.
Justifying the establishment of a world class university, the minister said the National Knowledge Commission had recommended setting up of 14 world class university in the country.