The Indian Institute of Technology Delhi (abbreviated IIT Delhi or IITD) is a public engineering institution located in Hauz Khas, Delhi, India. Established in 1961, with a vision to contribute to India and the world through excellence in scientific and technical education and research, to serve as a valuable resource for industry and society and to remain a source of pride for all Indians was formally inaugurated August 1961 by Prof. Humayun Kabir, Minister of Scientific Research & Cultural Affairs. First admissions were made in 1961. The current campus has an area of 320 acres (or 1.3 km²) and is bounded by the Sri Aurobindo Marg on the east, the Jawaharlal Nehru University Complex on the west, the National Council of Educational Research and Training on the south, and the New Ring Road on the north,and flanked by Qutub Minar and the Hauz Khas monuments. The Institute was later decreed in Institutes of National Importance under the Institutes of Technology Amendment Act, 1963 and accorded the status of a Deemed University with powers to decide its own academic policy, to conduct its own examinations, and to award its own degrees.