Government institutions with Institution of eminence tag will get special funding of uline{1cm} over the next five years.

2018

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Government institutions with ’Institution of eminence’ tag will get special funding of _________ over the next five years.

A	Rs 1, 000 crore
B	Rs 2, 000 crore
C	Rs 1, 500 crore
D	Rs 2, 500 crore

Explanation:

Detailed explanation-1: -The Institute of Eminence list includes three private institutions – BITS Pilani, JIO Institute, and Manipal Academy of Higher Education (MAHE). The list has three public institutions – IIT Delhi, IIT Bombay, and IISc Bangalore.

Detailed explanation-2: -Benefits: Autonomy: Institutes with IoE tag will be given greater autonomy and freedom to decide fees, course durations and governance structures. Grant: The public institutions under IoE tag will receive a government grant of Rs. 1, 000 crore, while the private institutions will not get any funding under the scheme.

Detailed explanation-3: -Institutes of Eminence (IoE) is a recognition scheme for higher education institutes in India, set by the University Grants Commission in 2017. The plan encompasses twenty institutions, 12 of which have already been declared Institutes of Eminence as of April 2021.

Detailed explanation-4: -The scheme was called the Institute of Eminence(IOU), according to which the Indian government planned to establish twenty world-class institutes in the country.

There is 1 question to complete.