Ven. Bhikshu Jagdish Kashyap became the Founder-Director of Nava Nalanda Mahavihara, and continued in that capacity until February 1955. One of his major accomplishments was the complete publication, in 41 volumes, of a critical edition of the entire PaliTipitaka in Devanagari script. It was very popular and quickly went out of print.
 
At the insistence of Ven. Bhikshu Jagdish Kashyap and with this goal in mind, the Government of Bihar established a research institute called "Magadh Institute of Post-Graduate Studies and Research in Pali and Allied Languages and Buddhist Learning" at Nalanda in 1951. It later came to be known as Nava Nalanda Mahavihara.
On November 13, 2006, the University Grant Commission accorded the Nava Nalanda Mahavihara, Nalanda the status of a Deemed to be University;

The present campus of the Mahavihara is some 100 kms from the metropolis of Patna, situated on the southern bank of the historical lake Indrapuskarani. Close to the northern bank lie the ruins of the ancient University of Nalanda.
The inspiration behind the establishment of this institute was to develop a centre of Higher Studies in Pali and Buddhism along the lines of ancient Nalanda Mahavihara. From the beginning, the Institute functioned as a residential institution, with a limited number of Indian and foreign students.
Ven. Bhikshu Jagdish Kashyap
1908-1976
Founder-Director
Nava Nalanda Mahavihara
Nalanda, Bihar, India

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