Research Institute in Pali and Buddhist literature called Nava Nalanda Mahavihara. It is not for the Indians only, but for students from all over the world in general, and from Southeast Asian countries in particular. The founder of this Institute is the Venerable J. Kashyap. There were some other stalwarts who conceived the idea of reviving the past glories of Ancient Nalanda University, and their efforts have resulted in the establishment of the only Institute catering largely to students interested in Pali and Buddhist Philosophy. The late Dr. Rajendra Prasad, former President of India, laid the foundation stone of the present Institute building on the 20th November, 1951, and this Research Institute was formally inaugurated by Dr. S. Radhadrishnan, the then Vice-President of India, on the 20th March, 1956.