INSTITUTE OF EMINENCE (IoE) SCHEME

A high-level meeting to review progress of Institutions of Eminence (IoE) Scheme was held recently.

About the scheme:

Launched in order to empower the Higher Educational Institutions and to help them become world-class teaching and research institutions.

Objectives:

1. 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.
2. Specialization: To engage in areas of specialization to make distinctive contributions to the objectives of the university education system.
3. Global Rating: To aim to be rated internationally for its teaching and research as a top hundred Institution in the world over time.
4. Quality teaching and Research: To provide for high quality teaching and research and for the advancement of knowledge and its dissemination.

Incentives of the scheme:

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

Why is it important?

Academic institutions that can impart highest quality education, generate cutting edge research, and attract the best and the brightest from across the globe can have multiplier beneficial effects for the country. So the idea of elevating the best in a sector to an eminent status by granting autonomy is a good one. But to maintain credibility, the process and the selection of these institutions should be above reproach.