The government on Monday declared that six educational institutions in India have been named as Institutes of Eminence (IoE). The IoE status gives an institution several powers such as the autonomy to hire foreign faculty, launch courses and partner with foreign counterparts without seeking government permits.
Under the government category, IIT Bombay, IIT Delhi and IISc Bangalore received IoE status. Government institutes will be eligible for greater autonomy as well as additional funding of up to Rs 1000 crore.
In the private category, BITS Pilani, Manipal Academy of Higher education received IoE status in brownfield category, while Jio Institute received IoE status in greenfield category. Private institutes will receive greater autonomy, "but will not be eligible for any funding."
The presence of Jio Institute, to be run by the Reliance Foundation in Mumbai, in the list raised eyebrows. But here are the facts on how the institute made the cut.
Applications were invited from both public and private entities for IoE under the greenfield and brownfield categories.
A government constituted a panel of experts that had N Gopalaswami (chairman), professor Tarun Khanna, professor Pritam Singh and Renu Khatore to assess applications.
The panel took the following parameters into account for judging the applications received for setting up Greenfield institutions under IoE:-
Eleven applications were received for IoE status under greenfield category. Out of the 11 applications, only Jio Institute satisfied all the four parameters stated above.
The government announced more than two years ago that it would grant the IoE status to 20 institutions, But Gopalaswami told The Economic Times the list fell short of the promised number because the panel could not find 20 institutes that it felt would be able to find a place among top 500 global rankings in ten years, as was the criteria.
IoE is coveted, with up to 114 institutes applying for the status. The institutes that vied to make the cut include 11 central universities, 27 ‘institutes of national importance’, top IITs and NITs, 27 state universities, 10 private universities, and four greenfield institutes.
Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
First Published: Jul 9, 2018 11:44 PM IST
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