IIT Delhi, IIT Bombay, IISc Bangalore Accorded 'Institutes Of Eminence' Status
Prakash Javadekar announced names of 6 institutes of eminence which will get a grant of Rs. 1000 crore from government for the next five years.
HRD Minister Prakash Javadekar, today, released list of six institutes, 3 in public and 3 in private sector, which have been accorded the status of Institution of Eminence by the government of India. In the public sector, the three institutes which have been granted the status are IIT Delhi, IIT Bombay and IISc Bangalore. Manipal Academy of Higher Education, BITS Pillani and Jio Institute of Reliance Foundation have been granted the status of institution of eminence tag in private sector.
The information was shared by HRD Minister Prakash Javadekar on his social media accounts today. These public sector institutes will get a a government grant of Rs. 1000 crore in next five years.
Congratulations to @iitbombay & IITDelhi. These are two premier institutes which will also receive government funding because public sector institutes which are granted status of Institutes of Eminence will get govt grant of Rs 1000 crore in next five years. #InstituteofEminence pic.twitter.com/n7NRnjR0Qh— Prakash Javadekar (@PrakashJavdekar) July 9, 2018
Congratulations to @ManipalUni, @bitspilaniindia & Jio Inst for getting status of #InstituteofEminence. #TransformingEducation #48MonthsOfTransformingIndia@PIB_India @MIB_India pic.twitter.com/XpRsm8nxIQ— Prakash Javadekar (@PrakashJavdekar) July 9, 2018
Prakash Javadekar also tweeted that the status hence bestowed on these institutes will help them "grow rapidly to a scale and improve quality and add new courses."
In a series of tweets, on his social media account, Prakash Javadekar said that the status of Institute of Eminence will help universities achieve world class status. He pointed out that even though we have 800 universities, not a single one is able to make it to the top 100 or 200 for that matter. The decision will enable the institutes to take steps necessary in building a world-class reputation.
The #InstituteofEminence are important for the country. We have 800 univ, but not a single university in top 100 or even 200 in the world ranking. Today's decision will help achieve this. #InstituteofEminence #TransformingEducation #48MonthsOfTransformingIndia @PIB_India— Prakash Javadekar (@PrakashJavdekar) July 9, 2018
He also said that this was neither thought of before nor done. The status of Institute of Eminence does not grant just graded autonomy but full autonomy, leaving these institutes to make their own decisions.
This decision is a landmark decision for following reasons -This was never thought off & tried; it is more than a graded autonomy, it is really a full autonomy to the institutes; the institutes can take their own decisions.#InstituteofEminence #TransformingEducation@PIB_India— Prakash Javadekar (@PrakashJavdekar) July 9, 2018
On the matter of affordability of education, he said, "While today's decision gives virtually full autonomy, it will also ensure that no student will be denied opportunity of education with various measures like scholarships, interest waiver, fee waiver and ensure all equity principles. "
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