The text of Prime Minister Manmohan Singh's special address is here:
There is enough evidence from the IIT Joint Entrance Examinations that for every student who got an opportunity to study in IITs, there are at least 3 to 4 who are as bright, but are denied the opportunity because of the intake capacity constraints. This is highly regrettable because it denies opportunity to thousands of deserving young men and women. If India is to become a global leader in science and technology as well as an economic super power, such talent must not go unutilized. Many more such institutes are needed. Realizing this, our government decided to increase the capacity by creating eight new IITs in the 11th Five Year Plan. I am proud of the fact that during the current academic year 2008-09, we could start 6 IITs though through temporary campuses or through the campus of an existing IIT. I am grateful to the existing IITs for mentoring and helping in the establishment of the new IITs.
Yogesh Upadhyaya's interview of Prof. M.S. Anant, Director, IIT-M.
Mallik Putcha has an interesting article on the IITs' pre-history.
Ludwig informs us that the Pan-IIT spouses program has undergone a sampoorna transformation to become a Family Track -- For the Whole Family. He also tells us that this change was probably not a result of blogospheric outrage (there's more here, here, here, here, here, here, and here).