INDIA
The HRD Ministry today granted "Institutions of Eminence" status to three public and three private institutes, enabling them to get full autonomy and special incentives to project them as "world class universities".
The HRD Ministry today granted "Institutions of Eminence" status to three public and three private institutes, enabling them to get full autonomy and special incentives to project them as "world class universities".
While the Human Resource Development (HRD) Ministry will grant Rs 1,000 crore funds to the three public institutions in the next five years, the private institutes will not be eligible for government funding.
The HRD Ministry clarified that Jio was granted the Greenfield status - for new institutes - since it fulfilled all parameters.
The government granted "Institutions of Eminence" (IoEs) status to IIT-Delhi, IIT-Bombay and the Bengaluru-based Indian Institute of Science (IISc) in the public sector, and Manipal Academy of Higher Education, BITS Pilani and Jio Institute by Reliance Foundation in the private sector.
Read: Congress accuses BJP of 'bias towards Ambanis'
How was Jio Institute selected?
Jio Institute has been selected under the Greenfield Category – pertaining to new institutes – and according to officials, 10 other institutes had applied for it.
These included Airtel for Bharti Univeristy, Anil Agarwal’s Vedanta for a university in Odisha and KREA university (which has former RBI governor Raghuram Rajan as an advisor), Indian School of Business, Hyderabad, Indus Tech Univeristy in Delhi and Acharya Institutes of Bangalore.
According to the proposal submitted to the Ministry of HRD about the institute, it pointed out that sponsoring organisation was India’s largest private sector company and the largest corporate spender on social initiatives. It said it had a deep relationship with 50 top universities and had experience of running top educational institutes including Dhirubhai Ambani Foundation Schools and other institutes in which the foundation was involved like the Dhirubhai Ambani Institute of Information and Communication Technology, Pandit Deen Dayal Petroleum University and IIM Bangalore.
The institute would get eminent educators and global thoughts leaders including Nobel Laureates. It said that it would get top faculty members from top 500 global universities, autonomy in teaching and research, a fully residential university city for faculty and their families.
What the HRD Ministry said?
Clarifying that they assessed 11 institutions the EEC said they have taken the following paramenters into consideration
1) Availability of land for construction of the institution
2) Putting in place a core team with very high qualification and wide experience
3) Making available funding for setting up the intitution
4) A stratetigic vision plan with clear annual milesones
The committee said only Jio Institute satisfied all four parameters
What is this move?
The move is part of a scheme of the HRD Ministry to select 20 IoEs 10 public and 10 private that will enjoy complete academic and administrative autonomy. However, the Empowered Expert Committee (EEC) headed by former chief election commissioner N Gopalaswami picked six institutions that, according to the panel, showed the potential to find a place among top 500 of global rankings.
Unlike other institutions, IoEs will get greater autonomy to start new courses, admit foreign students, hire foreign faculty, and collaborate with foreign educational institutions without the need for government approval.
"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. Improving ranking needs sustained planning, complete freedom & public institutes getting public funding (sic)," Union HRD Minister Prakash Javadekar tweeted.
"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 (sic)," he added.
Which players will Mumbai Indians target in IPL 2025 mega auction?
No road tax, registration fees on electric vehicles in THIS Indian state till...
PCB set to sack Jason Gillespie; 52-year-old former Pakistan cricketer to assume role as head coach
After Imsha Rehman, Minahil Malik, THIS Indonesian celeb’s private video leaked online
GRAP 4 imposed in Delhi from November 18: What's open, what's closed
'Need a full album': Man's hilarious mimicry singing of celebrities goes viral, watch video
'Tohar Lalla Badshah': A collaboration between Badshah and Manoj Tiwari you didn't see coming
Hrithik Roshan’s sister Sunaina’s weight loss journey: Here’s how she lost over 50 kg in 12 months
WI vs ENG Live Streaming: When and where to watch West Indies vs England 5th T20I live in India?
'I always believe...': Sudha Murty praises son-in-law Rishi Sunak's 'good Indian cultural values'
Allu Arjun impresses with his Hindi at Pushpa 2 trailer launch event in Patna, watch viral video
Matt Gaetz: From F-35 Fighter Jets to Attorney General Nomination Amid Sex Scandal Allegations
'I'm scared of him': Muhammad Ali's old video praising Mike Tyson goes viral, WATCH here
How 'Banana for Scale' meme found its way to Elon Musk's SpaceX starship rocket
Zomato delivery agent riding bike with her child melts hearts online, watch viral video
Man who mistakenly declared dead walks into his own prayer meet; here's what happened
VIRAL: In terrifying video, Leopard sneaks into house attacks pet dog in Mount Abu, check here
BCCI gives massive update on KL Rahul's availability for 1st Test vs Australia in Perth
Baba Siddique murder: Mumbai crime branch makes 25th arrest of Gujarati man from...
IPL 2025 auction: Full list of players with Rs 2 crore base price
India break Pakistan's massive T20I world record, become first team in world to...
This is the biggest mall in Pakistan, built with Rs 315 crore, it is owned by...
Anil Ambani's Reliance Group sets up new centre, to play a key role in...
BIG win for Mukesh Ambani, Dubai-based siblings to transfer Jiohotstar.com domain to Reliance for...
India's largest govt bank loses Rs 34984 crore in 4 days due to...
Donald Trump, Elon Musk's relationship could break over THIS country, it is...
Why do you experience heartburn, diarrhoea during periods? Here's how to manage it
Vande Bharat passenger finds insects in meal, Railways takes action, imposes fine of Rs...
Who is Mojtaba Khamenei? Ali Khamenei's son elected as Iran's next leader
Naga Chaitanya and Sobhita Dhulipala’s wedding card LEAKED online: couple to tie the knot on…
IIM Indore student gives tour of hostel room to her nani, watch heartwarming video
'Your input is...': Nirmala Sitharaman’s response to X user requesting 'relief' for middle class
Caught on camera: Horse kicks woman off scooty on busy road, watch viral video
Here's how you can travel with your dog on Indian Railways: Check step-by-step guidelines
BJP forms 12-member manifesto committee for upcoming Delhi assembly polls
Lyricist Jaani reveals his real name for the first time, it is...
Gold is priced cheaper in India than UAE, Qatar, Oman, and Singapore, reason is...
Madhya Pradesh: Gwalior vendor attacked with super glue, his eyes and lips sealed; probe underway
Delhi Minister Kailash Gahlot resigns from AAP: 'Embarrassing and awkward controversies like...'
Manoj Bajpayee was mistaken for having liquor before shooting, then this happened
Viral video shows woman in saree dancing alongside moving car, leaves netizens awestruck, watch here
From F-35s to Fairways: Will Trump's second term be defined by arms deals and Arabian villas?
Kanguva review: Suriya, Disha Patani, Bobby Deol's film is no Baahubali
Anil Agarwal reveals next BIG plan of Vedanta, set to increase production in...
Elon Musk announces future of ultra-fast travel, claims US to India trip will just take...
Adnan Sami went from 220 kg to 75 kg in just 16 months by leaving THESE 4 things
'We ran out of missiles': US fighter pilots recall countering Iranian attack on Israel
Shillong Teer Result TODAY November 17, 2024: Check lucky winning numbers
DNA Explainer: Why are millions switching from Elon Musk's X to Jack Dorsey's Bluesky?
12-yr-old boy illustrates Bhagavad Gita verses with 84,426 pics, creates record
Manipur violence: Protesters attack residence of CM, 2 ministers, 3 MLAs; curfew imposed
Delhi pollution: Toxic smog chokes Delhi-NCR; AQI remains in 'severe' category, Anand Vihar at 458
Madhuri Dixit breaks her silence on rivalry with Sridevi in 90s: ‘We didn’t really…’
Mukesh Ambani, Isha Ambani's BIG move, they're closing Reliance led Centro because...
Meet woman, engineer who cracked CAT with 99% marks later cleared UPSC with AIR 15, she is...
Viral video: Little girl wins heart with adorable dance to Shraddha Kapoor’s 'Aayi Nai' song, watch
Viral video: Girl’s breathtaking dance to Aishwarya Rai's 'Barso Re' song earns praise, watch
Here's how much Jake Paul earned from his win against Mike Tyson
This bird has one of the largest eyes in world, even bigger than its brain, they measure…
Gautam Adani's company announces another 13% reduction in gas supply from GAIL, could impact...