Institutions of Eminence scheme

Institutions of Eminence scheme
 

News: There are many Institutes which, after being selected for the Institution of Eminence (IoE) Status, are still waiting for the IOE status for more than three years.
 

About:
 The central Government formulated the IoE scheme to establish 20 prestigious educational institutions in the country.
 It was introduced by the University Grants Commission (UGC) in 2017 that required the IoE scheme to receive accreditation within five years of notification.
 The status of ‘Institute of Eminence’ was launched to empower higher education institutions in India and help them implement world-class teaching systems to enhance affordable access to high-quality education. Twenty institutions (10 Public and 10 Private Institutions) received the grant, and eleven among the selected ones got the Institutions of Eminence status in April 2021.
 

Objectives:
 Excellence and Innovation - To provide for higher education leading to excellence and innovations in such branches of knowledge as may be deemed fit at post-graduate, graduate and research degree levels.
 Specialization - To engage in areas of specialization to make distinctive contributions to the objectives of the university education system.
 Global Rating - To aim to be rated internationally for its teaching and research as a top hundred Institution in the world over time.
 Quality Teaching and Research - To provide for high quality teaching and research and for the advancement of knowledge and its dissemination
 

Criteria:
 Only those institutions which have appeared in any of the global/national ranks (e.g., QS, NIRF) shall be recommended for the IoE status. The Institutions should be among:
 Top 50 in the National institutional Ranking Framework (NIRF) in their category.
 Top 500 in internationally recognised rankings like the Times Higher Education World University Rankings, QS.
 Only after exhausting the above criterion, if any slot remains vacant, shall consideration be given to yet to be established (Greenfield) proposals.
 The term greenfield project generally refers to the initiation of a project without the need to consider any prior work. Such Institutions would get a 3-year period to establish and operationalize the institution, and thereafter, EEC will consider giving IoE status to such institutions.
 

Advantages:
 Institutes with IOE tag will be given greater autonomy and freedom to decide fees, course durations and governance structures.
 The public institutions under the IOE tag will receive a government grant of Rs 1,000 crore, while the private institutions will not get any funding under the scheme