Dr P C Gautam produced a concept paper to establish a completely autonomous academy to conduct research on a dozen ancient subjects which have influenced human civilization globally. This will be self -supporting and uninfluenced by commercial, religious and political ideologies or interference. These subjects are Ancient architecture and building materials, Feng Shui or Vastu Shastra, Alternative medical systems, Etymology and ancient alnguages, ancient anthropology and history, Ecology and nature conservation, Ancient literature, Metaphysics, Philosophy, World religions, Astrology, Yoga and Tantra, Ancient crafts weaponry.
A meeting of fifty distinguished intellectuals was held in Kathmandu on 2nd June 2013 to discuss this concept. This received an overwhelming unanimous support. An offer of donation of land was received from JP Foundation and Gorakhsanath Trust and others. Accordingly, an application has been submitted to Government of Nepal seeking a university charter to establish this academy. The aim is to begin the academic session from the spring of 2018/19