Institute of Eminence tag | Funds are only for the government institutes

Institute of Eminence tag | Funds are only for the government institutes

Amid the controversy of granting the ‘Eminence’ tag to the Jio Institute of the Reliance Foundation, the HRD Minister Prakash Javadekar clearly stated that the funds of INR 1000 crores are meant only for the public sector institutes, who have received eminence tag. He also clarified that only letter of intent was issued to the proposed institute of the Reliance foundation. Javadekar argued that before giving the tag of ‘Institute of Eminence’ several factors such as - 15-year vision and five-year implementation, academic, recruitment, research, and administrative plans, etc were comprehensively considered by the committee. “Let me once again clarify that no greenfield university, which is not in existence but has a plan to come up in future, has been given the status of Institution of Eminence. They have been only issued Letter of Intent with a clear guideline of what they should do for three years, complete the process, and then only they will be granted status after verification and inspection,” Javadekar said in Lok Sabha in reply to a question raised by the TMCʼs Prasun Banerjee. The minister said that 114 applications were received for the ‘Institution of Eminence’ tag - 74 from public institutions, 29 private universities, and 11 in greenfield category. He also replied to TMC’s Saugata Roy question by saying that LoIs have been issued to Jio Institute and Manipal Academy of Higher Education with the condition that they will submit their report indicating their readiness under the IoE tag within three years of getting the LoI. “The government is giving Rs 1,000 crore only to public institutes – that is, the IITs (Delhi and Bombay) and the IISc (Bengaluru). Not a paisa is given to private institutes,” Javadekar said.

source https://www.brainbuxa.com/education-news/institute-of-eminence-tag-funds-are-only-for-the-government-institutes-8556