Hotline: 1800 102 2007
X
Search Business Opportunities
Mar, 22 2018

Graded-autonomy a bold move towards liberalising Higher Eduacation: FICCI

The decision includes 5 Central Universities, 21 State Universities and 26 Private Universities and 10 other colleges.

In an endeavour to liberalize the higher education, the government has made a landmark announcement to grant graded autonomy to 62 institutions. Prakash Javadekar, Minister of Human Resource Development in an event of FICCI announced the full autonomy given to the institutions which no longer require permissions of the University Grants Commission (UGC) to start a course, fix fees, set up a new department or open offline campuses. These will also be free to have collaboration with foreign counterparts, hire foreign faculty, and admit students from abroad.

Welcoming the decision, Mr. Mohandas Pai, Chair, FICCI Skill Development Committee and Chairman, Manipal Global Education and said, “This is great news, after 50+ years of control with declining standards, the top Universities have finally got their freedom. This is indeed historic and Government has kept its promise.” He further added, “Going forward, we hope the top 200 Universities will also enjoy this very soon. We now need a Rs 5000 cr research fund to improve India’s global standing in Higher Education.”

Dr. Vidya Yeravdekar, Chair, FICCI Higher Education Committee and Pro-Chancellor, Symbiosis International University said, “We are very happy with the decision of MHRD and UGC of giving autonomy to certain category of institutions. This will not just help in expansion but in driving excellence in these institutions.”

Dr. Rajan Saxena, Advisor, FICCI Higher Education Committee and Vice Chancellor, Narsee Monjee Institute of Management Studies said, “The decision of MHRD to grant autonomy to 62 institutions in India in category-I or category-II, is indeed a step forward in making Indian Higher Education excellent and of a global quality. The government and the Honourable Minister need to be complimented for this bold and visionary step.” He also added, “This will help institutions emerge as benchmarks and not only so, also emerge as a global benchmark, especially in emerging markets.”

Ms Rupamanjari Ghosh, Co-chair, FICCI Higher Education Committee and Vice-Chancellor, Shiv Nadar University said, “Since quality is being rewarded with some autonomy of functioning. Combined with reforms in the method of critical assessments of quality in Indian Higher Education Institutions, this is a step in the right direction.”

Ms Shobha Mishra Ghosh, Assistant Secretary General, FICCI said, “FICCI has been pioneer in pursuing this subject for more than a decade. This move is a step towards building India as knowledge capital and paving the way for a New India”.  This reform was urgently required for differentiating between good quality institutions from institutions which do not meet the required quality standards. It will further help in building a cohesive ecosystem where higher educational institutions/universities would thrive to meet the global quality standards to feature in the list “Institute of Eminence.”   

The decision includes 5 Central Universities, 21 State Universities and 26 Private Universities and 10 other colleges. The autonomy was granted under the new regulation, ‘Categorization of Universities for Grant of Graded Autonomy’ introduced by UGC, and based on the institution’s National Assessment and Accreditation Council (NAAC) accreditation score on three categories: I, II, and III.

Comment
image
Related opportunities
  • About Us: LVH Energy Pvt Ltd are manufacturers of LED lighting..
    Locations looking for expansion Karnataka
    Establishment year 2008
    Franchising Launch Date 2019
    Investment size
    Space required 100
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Bangalore Karnataka
  • Womens Wear
    About Us: Established in 2014, Young trendz is one of the..
    Locations looking for expansion Tamil nadu
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Tirupur Tamil nadu
  • Furniture/Home Decor & Furnishing
    About Us: Nayra comes from the house of a well-established star..
    Locations looking for expansion West bengal
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 140
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater kolkata West bengal
  • Education Supplies
    About Us: Qikme is a 4 in 1 Software as a..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities