Home » Higher Education » Central government is planning to accelerate funding for ten higher education institutes with greater potential over next four years to push them to the global ranking list

Central government is planning to accelerate funding for ten higher education institutes with greater potential over next four years to push them to the global ranking list

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IndiaToday.in |  New Delhi | October 30, 2015  |

In a move to boost higher education in the global ranking list of QS and Times etc, the central government is planning to accelerate funding for ten higher education institutes with greater potential over next four years. The Human Resource Development (HRD) Ministry has taken 10 institutes from the list of top 500 institutes from the global academic ranking and is likely to grant funds of Rs 100-500 crore to them. According to a report published by Times of India, The ministry is planning to create world-class research infrastructure and laboratories to push the institutes in global top 100. The list will consist of top ranking IITs and Indian Institute of Science, Bangalore. The ministry has identified that these institutes based on the rankings and performance in the year 2013, 2014 and 2015 and are constantly improving their performance.

The list is expected to include  IIT Delhi, IIT Bombay, IIT Kanpur, IIT Kharagpur, IIT Madras, IIT Roorkee, IIT Guwahati and Indian Institute of Science and Bangalore. The plan is to fund these institutes so that they can be made able to compete with globally with other institutes and universities of China and South Korea. The proposal to fund these institutes Rs 300-500 crore which is yet to be reviewed. Indian institutes have not made to the list of top 100 global rankings yet, but IIT Delhi and IISc Bangalore get features in top 200 on QS rankings while institutes of China and South Korea have a few institutes making it  to top 50 of global rankings. Both the countries have invested heavily in their education sector. Indian Institute of Management, Ahmedabad have made it to the list of Top 100  full-time MBA ranking this year at 60th rank, though, slipping from 48th rank in 2014. The Economist also releases the rankings of top Executive MBA, top 10 female enrolment, top 20 Europe, top 10 GMAT score etc list every year to determine best management schools in the world, internationally.  The S P Jain School of Global Management, a Singapore-based institute has also made it to the list at 95 rank. –  Courtesy


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