"I am establishing a University, which will combine ancient wisdom with the knowledge of the physical sciences and technology.” Since ancient time, we had the legacy of the ashrams of rishis, the forest universities, the Gurukulas, the universities of Takshashila and Nalanda. Chinese piligrim Hiuen Tsang studied at Nalanda in the 7th century A.D. Pt Malaviya conceived of a university with a blend of ancient Indian traditions with modern universities in the west giving courses in arts, science and technology. He wished to achieve all this in a residential university to which Lord Hardinge observed, “But, whether the idea of a residential teaching university be new or old, there is no doubt that it is a departure from the existing model, nor is this the only departure that characterises this enterprise."
January 1, 1970
https://en.wikiquote.org/wiki/Banaras_Hindu_University