Human Resource Development Ministry granted Institution of eminence status to IIT Delhi, IIT Bombay and IISc Bangalore.
The institutions selected are:
Public Sector: (i) Indian Institute of Science, Bangalore, Karnataka; (ii) Indian Institute of Technology, Bombay, Maharashtra; and (iii) Indian Institute of Technology, Delhi.
Private Sector: (i) Jio Institute (Reliance Foundation), Pune under Green Field Category; (ii) Birla Institute of Technology & Sciences, Pilani, Rajasthan; and (iii) Manipal Academy of Higher Education, Manipal, Karnataka.
Each ‘Public Institution’ selected as ‘Institution of Eminence’ will get financial assistance up to Rs. 1000 Crore over a period of five years.
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.
They will also be allowed 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; complete flexibility in fixing of curriculum and syllabus, among others.
At the same time, 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.
India lacks world-class universities according to international rankings, and Indian academics, compared internationally, are rather poorly paid. Students also suffer an immense shortage of places in top academic institutions and throughout the higher education system. India today educates only half as many young people from the university age group as China and ranks well behind most Latin American and other middle-income countries.
If India is to succeed as a great technological power with a knowledge-based economy, world-class universities are required. The first step, however, is to examine the problems and create realistic solutions. Spending large sums scattershot will not work. Nor will copying the American academic model succeed.