About the Scheme
Scheme to establish 20 world-class teaching and research institutions. Public IoEs get ₹1,000 crore over 5 years. Greater autonomy in academic, administrative, financial matters. Aims for global rankings.
Target Beneficiaries: 20 institutions (10 public, 10 private) selected as world-class universities. First 5 public IoEs: IIT Madras, BHU, IIT Kharagpur, DU, University of Hyderabad.
Implementing Agency: Ministry of Education (MoE), University Grants Commission (UGC), Empowered Expert Committee (EEC)
Key Features
- Grant of extensive academic, administrative, and financial autonomy to selected institutions.
- Public IoEs receive financial assistance up to Rs. 1000 crore over five years.
- Focus on inter-disciplinary studies, cutting-edge research, and global collaborations.
- Flexibility in curriculum design, fee structure, and international faculty recruitment.
- Emphasis on achieving global benchmarks and improving international rankings.
- Provision for both existing and greenfield institutions.
Eligibility Criteria
- Existing public and private higher education institutions with high potential for excellence.
- Greenfield institutions (newly proposed) meeting specific criteria for global standards.
- Institutions must demonstrate a clear vision and strategic plan for achieving global eminence.
- Minimum NAAC score or NIRF ranking for existing institutions.