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In a bid to provide functional and financial autonomy to prestigious institutions of higher learning, the Union Cabinet today approved a modified block grant scheme for funding institutions like IITs and IIMs.
Briefing newsmen after the Cabinet meeting, Information and Broadcasting Minister S Jaipal Reddy told reporters that the continuance of the block grant scheme of funding, with some modifications, was approved on the basis of the experience of its implementation in IITs, IIMs and the Indian Institute of Science, Bangalore.
Observing that the autonomy of these institutions was adversely affected during the NDA rule, he said “We are seeking to augment the financial and functional autonomy of these prestigious institutions.”
Besides the five IITs, three IIMs and IISc, the modified block grant scheme would also be extended to two new IITs at Guwahati and Roorkee, three IIMs at Lucknow, Indore and Calicut, the Indian School of Mines (Dhanbad), the School of Planning and Architecture (New Delhi), the National Institute of Industrial Engineering (Mumbai) and National Institutes of Technical Teachers Training and Research at Bhopal, Chandigarh, Chennai and Kolkata.
The scheme would be implemented in all these institutions with the stipulation that the level of corpus may be allowed up to Rs 100 crore in the case of IITs and IISc and Rs 50 crore in respect of other institutions, Reddy said.
The Cabinet also approved the proposal to give powers to institutes that are not dependent on non-plan budgetary support to create academic posts and make appointments in them on contract basis for fixed but renewable tenures.
These measures, Reddy said, would provide further functional and financial autonomy to these institutions and encourage them to generate more internal resources, promote innovation and enable them to improve standards of education and research.
The pattern of funding would be applicable from 2005-06 onwards for a period of five years and its review would be taken up in 2010-11, he said.
Tags: academic posts, block grant, budgetary support, cabinet meeting, contract basis, financial autonomy, functional autonomy, Guwahati, indian institute of science, indian institute of science bangalore, indian school of mines, institutions of higher learning, internal resources, jaipal reddy, newsmen, prestigious institutions, roorkee, technical teachers, union cabinet |
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New Delhi: UPA, the government said Wednesday it was restoring the financial autonomy of IITS, IIMS and other institutions of Higher Education and dissociation of "adverse effects", in which they are subject During the NDA regime on the Establishment of a modified block Grant Scheme for funding.
In order to "functional and financial independence to such renowned institutions, the EU ministers approved a new funding scheme that is also to other institutions, I & B minister and spokesman for the Cabinet S Jaipal Reddy said.
In addition to the five Indian Institutes of Technology, three Indian Institute of Management and Indian Institute
NEW DELHI: The UPA, the government said Wednesday that it was restoring the financial autonomy of IITs, IIMs and other institutions of higher learning and the cancellation of the "negative effects", she has been suspended for the duration of the NDA regime by setting up Amended Block Grant Scheme for funding.
In the interest of "the financial and functional autonomy" to these renowned institutions, the European Union ministers approved a new funding scheme, which reflects in the other institutions, I & B Minister's Office and bears He said S Jaipal Reddy.
Apart from the five Indian Institute of Technology, three Indian Institute
The European Union, the Cabinet decided Thursday to block the system of funding for the two new IITs in Guwahati and Roorkee, and the three new IIMs in Lucknow, Indore and Calicut, next to the School of Planning and Architecture, New Delhi, National Institutes of Technical Teachers Training and Research Institute in Chennai, Chandigarh, Kolkata and Bhopal, the National Institute of Industrial Engineering, Mumbai, India, and the School of Mines, Dhanbad.
The system is now available for only five IITs in Chennai, Delhi, Mumbai, Kanpur, Kharagpur, the three IIMs in Bangalore, Ahmedabad and Kolkata and the Indian Institute of Science
The All India Council for Technical Education (AICTE) is a Statutory Body established by the Government of India through Act. No.52 of 1987 with a view to proper planning and coordinated development of Technical Education (TE) system throughout the country, promotion of qualitative improvement of Technical Education in relation to planned quantitative growth, regulation and proper maintenance of norms and standards in the Technical Education system and for matters connected therewith Technical Education includes the fields of Engineering & Technology, Architecture, Town Planning, Management, Pharmacy, Hotel Management & Catering Technology and Applied Arts & Crafts.
Applications are invited for the following
New Delhi: A parliamentary committee has recommended the creation of at least one Indian Institute of Management (IIMS) in each State and also the number of seats in existing IIMS. The Government should create more opportunities for students in the country by opening at least one IIM in each state, the Parliamentary Standing Committee for the development of human resources, said in its report.
In response to the recommendation of the committee, the government said in its report on measures taken to ensure that the consultation of IIMS to increase their intake students. The government was also setting up the seventh
1, Refinance Assistance Schemes
1. General Scheme
2. Scheme for Cottage Village & Tiny Industries
a) Composite Loan Scheme
b) Scheme for SC/ST and Physically Handicapped Persons.
3. Specific Schemes
4. Equipment Refinance Scheme.
5. Scheme for Small Road Transport Operators (SRTOs)
6. Scheme for Professionals
7. Scheme for Marketing activities
a) Scheme for Marketing Organisations
b) Scheme for Purchase of Mobile Sales Vans
8.
ANNOUNCEMENT FOR FACULTY DEVELOPMENT SCHEMES
The All India Council for Technical Education (AICTE) is a Statutory Body established the Government of India through Act No.52 of 1987 with a view to proper planning and coordinated development of Technical Education (TE) system throughout the country, promotion of qualitative improvement of Technical Education in relation to planned quantitative growth, regulation and proper maintenance of norms and standards in the Technical Education system and for matters connected therewith. Technical Education includes the fields of Engineering, Technology, Architecture, Town Planning, Management, Pharmacy, Hotel Management & Catering Technology and Applied Arts & Crafts.
Applications are invited for
Faculty and students at the IIT Kharagpur and the Indian Institute of Management Calcutta (IIMC) on Saturday, according to the level of the Union HRD Minister Murli Manohar Joshi, who had gone Protocol IIMS say IITS product and poor students and wasting huge sum of money given to them.
Choc on the expression Joshi's comments, Assistant Professor of IIT Kharagpur Department of Mechanical Engineering Suman Chakrabarty, said: "IIT Kharagpur has been ranked the best technique at the Institute of India for the last three years. We have a very good option in the country. Some of the best students from India
Calcutta: faculty and students of the IIT Kharagpur and the Indian Institute of Management Calcutta (IIMC) on Saturday, according to the level of the Union HRD Minister Murli Manohar Joshi, who had gone Protocol IIMS say IITS and poor product students and wasting huge sum of money is to them.
Choc on the expression Joshi's comments, Assistant Professor of IIT Kharagpur Department of Mechanical Engineering Suman Chakrabarty, said: "IIT Kharagpur has been ranked the best technique at the Institute of India for the last three years. We have a very good option in the country. Some of the best students from
Calcutta: faculty and students of the IIT Kharagpur and the Indian Institute of Management Calcutta (IIMC) on Saturday, according to the level of the Union HRD Minister Murli Manohar Joshi, who had gone Protocol IIMS say IITS and poor product students and wasting huge sum of money is to them.
Choc on the expression Joshi's comments, Assistant Professor of IIT Kharagpur Department of Mechanical Engineering Suman Chakrabarty, said: "IIT Kharagpur has been ranked the best technique at the Institute of India for the last three years. We have a very good option in the country. Some of the best students from
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