Samad Noorus is a sad man today. 

The Director of New Initiative Group of the Hyderabad-based Institute of Chartered Financial Analysts of India (ICFAI) is feeling bad about the Odisha Project. 

After years of donkey work to set up a multi-disciplinary university in Odisha at an investment of Rs 150-200 crore, it has failed to take off. 

For last 4 years the technocrat is trying hard to set up the facility. 

Every thing was falling in line and the Government was moving with full speed to clear the ICFAI University Bill-2009 in the Odisha House. 

However Opposition Chief Whip Prasad Harichandan played spoil sport. 

While initiating discussion on the bill, lawmaker from Satyabadi charged the university is mired in controversy following a ruling by the Madras High Court for closure of the institute’s off-campus and study centres in Tamil Nadu.

He also cited the ruling of the Andhra Pradesh High Court restraining ICFAI to award degree certificates.

Although the ICFAI was registered under Societies Act in 1984 in Andhra Pradesh for offering distance learning, it is yet to set up a university in the state.

The society has two universities - one in Agartala and the other is at Dehra Dun.

However, many off-campus and study centres of the two universities are operating in many states without approval of the University Grants Commission and respective governments. 

ICFAI is also running an off-campus centre in Bhubaneswar also, which came to light. 

Now the State Government has asked to close down the centre as it is running without the approval of the UGC. 

The ICFAI authorities have been asked to file affidavit on this count, said an official. 

With allegations coming to fore, even Chief Minister is also worried over the reputation of his government, said sources. 

When these allegations came out in the floor of the Assembly, Naveen Patnaik Government was on back foot. 

This is because the State Government signed the MOU with ICFAI on 20 March, 2007 without verifying the credentials. 

Samir Dey, the then Minister Higher Education was batting for the ICFAI University and took the lead in signing the MOU, said an officer. 

However now things are different and Debi Prasad Mishra, Minister Higher Education has made it clear that unless ICFAI authorities clear the allegations against them, it is unlikely that bill will be taken up once again in the House. 

So quietly the bill has been deferred for the next Assembly session, said an official. 

While the bill is yet to be cleared, ICFAI has already identified 53 acres of land for the university. 

The land has been identified close to Sum Hospital on the outskirts of the city. 

Out of the total land area of 53 acres, ICFAI has got 11 acres of land registered for the university project. 

Now with the bill being dumped, fate of the proposed private university hangs in balance.
 
Earlier Odisha House has already cleared Vedanta University Act and Sri Sri University Act.