Lok Sabha Question No. 2638 (UNSTARRED), answered on 2025-03-17
Subject: Financial Assistance to AICTC
Ministry: EDUCATION
Asked by: Smt. Bharti Pardhi, Shri Bajrang Manohar Sonwane, Shri Shrirang Appa Chandu Barne, Shri Kanwar Singh Tanwar

## GOVERNMENT OF INDIA MINISTRY OF EDUCATION DEPARTMENT OF HIGHER EDUCATION

## LOK SABHA UNSTARRED QUESTION NO. 2638

ANSWERED ON 17.03.2025

## Financial Assistance to AICTC

† 2638: Shri Kanwar Singh Tanwar:

Shri Shrirang Appa Chandu Barne:

Shri Bajrang manohar Sonwane:

Smt. Bharti Pardhi:

Will the Minister of EDUCATION be pleased to state:

(a)  whether  the  Government  provides  financial  assistance  to  All  India  Council  for  Technical Education (AICTE) to promote quality education across the country;

(b) if so, the details of financial assistance provided to AICTE during the last three years;

(c)  whether  the  Government  has  implemented  the  Institute  of  Eminence  (IoE)  Scheme  to improve quality education;

(d) if so, the norms prescribed for selection of institutes unde the IoE Scheme;

(e)  the  details  of  the  name  of  public  and  private  institutes  selected  to  emerge  as  world-class teaching and research institutes; and

(f) the details of financial assistance provided/to be provided to these institutes?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF EDUCATION (DR. SUKANTA MAJUMDAR)

(a)to  (f):    All  India  Council  for  Technical  Education  (AICTE),  a  statutory  body  under  the Ministry  of  Education,  grants  approval  for  conducting  courses  in  Technical  Education  at diploma,  undergraduate  and  post  graduate  levels  to  Technical  Institutions.  Functioning  and activities of AICTE are financed through its internal revenue and grant in aid from the Ministry of Education. Details of grant in aid provided by the Ministry to AICTE is as as follows:-

| Financial year                 |   2021-22 |   2022-23 |   2023-24 |
|--------------------------------|-----------|-----------|-----------|
| Grant in aid (in Rupees Crore) |       416 |       420 |    352.25 |

The Ministry of Education has launched the World Class Institutions scheme in the year 2017 to grant the status of Institution of Eminence (IoE) to 10 higher educational institutions each from the public and private category and enable them to emerge as world class teaching and research institutions.

The eligibility criteria for granting IoE status to educational institution are mentioned in UGC Guidelines/Regulations - 2017 available at http://ioe.ugc.ac.in/.

Under this Scheme, 12 higher educational institutions have been notified as IoE as on date, inlcuding 08 public category institutions, namely - IIT Bombay, IIT Delhi, IIT Madras, IIT Kharagpur, IISc Bangalore, BHU Varanasi, University of Hyderabad, and University of Delhi and  04  private  category  institutions  namely  -  BITS  Pilani,  Manipal  Academy  of  Higher Education, O.P. Jindal Global University and Shiv Nadar University.

Under this Scheme financial assistance is provided to Public Institutions. An amount of Rs. 6198.99 Crore (approximately) has been sanctioned for the 08  Public Institutions  since  the inception of the scheme.

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