Yogesh Upadhyaya, a fellow IT-BHU alumnus and a long-distance friend, has two articles summarizing the current status of different proposals for the creation of new IITs and NITs, conversion of IT-BHU into an IIT, and of several engineering colleges into IIESTs. He covers a several other related things, such as the legislative changes that are required to see these initiatives through, and the funding patterns these institutions may expect. And yes, he gives us an estimate of the faculty shortage, too!
As usual, Yogesh packs these two articles with a lot of very useful info and data that are quite difficult to find; I've bookmarked them for future reference.
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