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Surappa told Express that Anna University is one of the four institutes in the country that have been selected by the Department of Science and Technology (DST) for establishment of SAIF.
Guest lecturers are paid by the hour and are eligible to receive a maximum salary of Rs 50,000 a month.
To encourage students to do more research and innovations, the university also awarded cash prizes for the best three projects.
It would also be useful to prevent the same teaching staff name being listed out by multiple institutions at the time of affiliation, he said.
N Seshadri Kumar spoke of the batch’s contribution towards the college - an integrated rainwater harvesting unit for the hostel and also a corpus fund of 10 lakh for deserving students.
Students want the varsity to allow them to take up arrear exam in the subsequent semester itself and abolish the credit-based
Speaking to reporters on Monday, he said that the university did not have the authority to tear down the regulations as these were formulated by the University Grants Commission.
On Friday, hundreds of students from the varsity and affiliated colleges across the State organised a protest.
Nearly 200 engineering students gathered outside Anna University Guindy campus on Friday to protest against the current arrears system which allows them to retake an exam only after a year’s time.
The students have also urged the concerned authorities to alter the rules making it compulsory for completing the course within a period of seven years.
What is R2017 and why do students believe it is curbing their chance of finding jobs?
The protest will be held outside varsity campus in Chennai and outside several affiliated colleges across Tamil Nadu.
The new regulations, once implemented, will make it mandatory for them to resolve complaints by students within 15 days of receiving them.
The schedule for the postponed examinations for the colleges in the districts of Nagapattinam Thiruvarur and Pudukottai districts will be announced later.
Anna University has come out with the rescheduled dates for the exams that were supposed to be held on 15th November and 16th November.