Original sentence: Not exceptional in anything other than their extremely high selectivity ratio, the alumni of the institute have nonetheless given it considerable fame.They were funded in the 1960s by the Indian Government under a special act by the President, and modelled along the lines of great US universities, notably MIT
Edited sentence: Funded in the 60s and modelled along the lines of great US universities , notably MIT they were funded by the Indian Government under a special act by the President.Not exceptional in anything other then their extremely high selectivity ratio, the alumni of the institute have nonetheless given it considerable fame