[pib] Government declares 6 educational ‘Institutions of Eminence’

Note4students

Mains Paper 2: Governance | Issues relating to development & management of Social Sector/Services relating to Health, Education, Human Resources

From UPSC perspective, the following things are important:

Prelims level: Institutions of Eminence (IoEs)

Mains level: Although Indians have been making it to top positions across global companies, there is a lack of world-class institutions in India to produce more such talent


News

Towards world-class institutions

  1. The Government has shortlisted Six Institutions of Eminence (IoEs)  including 3 from Public Sector and 3 from Private Sector
  2. It is expected that the above-selected Institutions will come up in the top 500 of the world ranking in 10 years and in top 100 of the world ranking eventually overtime
  3. Each public Institution selected as ‘Institution of Eminence’ will get financial assistance up to Rs. 1000 Crore over the period of five years under this scheme

What will be the benefit of this decision to institutes

  1. It will ensure complete autonomy to the selected institutions and facilitate them to grow more rapidly
  2. They will get more opportunity to scale up their operations with more skills and quality improvement so that they become World Class Institutions in the field of education
  3. To achieve the top world ranking, these Institutions shall be provided with
  • greater autonomy  to admit foreign students up to 30% of admitted students
  • to recruit foreign faculty up to 25% of faculty strength; to offer online courses up to 20% of its programmes
  • to enter into academic collaboration with top 500 in the world ranking Institutions without permission of UGC
  • free to fix and charge fees from foreign students without restriction
  • the flexibility of course structure in terms of number of credit hours and years to take a degree
  • complete flexibility in fixing of curriculum and syllabus
Higher Education – RUSA, NIRF, HEFA, etc.