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Mahesh

30/03/23 07:49 AM IST

Institute of Eminence Scheme

In News
  • A Parliamentary panel has sought status notes on the 2 public and 5 private higher education institutions which await the final IoE status, recommending that the process for granting the IoE status be “accelerated”.
About IoE Scheme
  • The Union Budget 2016-17 announced the Government of India’s commitment to empower the Higher Educational Institutions (HEIs).
  • For this, 10 public and 10 private institutions are to be identified to emerge as world-class Teaching and Research Institutions.
  • Accordingly, the University Grant Commission (UGC) - a statutory body under the Ministry of Education launched the IoE scheme in 2017.
The scheme aims-
  • To provide for higher education leading to excellence and innovations.
  • To engage in areas of specialisation to make distinctive contributions to the objectives of the university education system.
  • To provide for high quality teaching and research in unique and emerging areas of knowledge, including interdisciplinary areas.
  • To enable HEIs to be rated as top 100 institutions in the world over time.
Benefits
  • Greater administrative and academic autonomy.
  • Free to decide their fee for domestic and foreign students.
  • They will have a flexible course duration and structure.
  • They will be exempt from approvals of the government or UGC for academic collaborations with foreign institutions.
  • The 10 selected public institutions will get Rs 1,000 crore each from the Ministry of Education to achieve world-class status (no financial assistance to the private institutions).
Criteria
  • Top 50 in the National lnstitute Ranking Framework (NIRF) in their category
  • Top 500 in internationally recognised rankings like the Times Higher Education World University Rankings, etc
Summary
  • The recommendations are a part of the report on the Demand for Grants for 2023-24 of the committee.
  • The government informed the committee that so far eight public and four private institutes (total - 12) have been granted the IoE status
  • The 8 public institutes have been sanctioned Rs 3,428 crore so far since the launch of the scheme in 2017, with IISc Bangalore accounting for the highest share with Rs 620.59 crore.
  • The committee said that the absence of an EEC (yet to be notified by the Centre) is holding up the process of granting IoE status.
Source- Indian Express

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