Loading...
You are here:  Home  >  #Top News  >  Current Article

Cabinet approves third phase of TEQIP project, a long-term programme to boost academic standards and infrastructure in higher technical institutes

By   /  September 14, 2016  /  Comments Off on Cabinet approves third phase of TEQIP project, a long-term programme to boost academic standards and infrastructure in higher technical institutes

    Print       Email

New Delhi: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Mr Narendra Modi, on 12 September 2016 approved the proposal for initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP). As per the press statement issued by the government of India, the project will be implemented with the facility of Direct Funds Transfer to the accounts of beneficiary institutes. An estimated 200 Government / Government aided engineering institutes and Affiliating Technical Universities (ATUs) including the Centrally Funded Technical Institutions (CFTIs) will be selected.

The project will be initiated in the current year and will be co-terminus with Fourteenth Finance Commission (FFC) i.e. 2019-20. The Project will be implemented as a ‘Central Sector Scheme’ with total project outlay of Rs. 3600 crore. However, the project would be initiated with a cost of Rs. 2660 crore, with the possibility of additional financing of Rs. 940 crore at later stage. Out of the Rs.2660 crore, the Central share will be Rs.1330 crore and external assistance from the World Bank through International Development Association (IDA) Credit of Rs. 1330 crore ($ 201.50 million as first tranche).

The key features of the project are as followed:

Better academic standards, through accreditation, filling up faculty positions, training faculty in better teaching methods, improved research outputs in institution in Focus States/UTs.

Better administration of the institutions with improved financial/academic autonomy.

Better systems for assessment of Student Learning, higher transition rates.

Transparent and expeditious release of funds to institutes by way of Direct Funds Transfer (DFT) System.

The project will cover all Government / Government aided engineering institutes, ATUs and CFTIs from Focus States/UT. High-performing TEQIP-I/ TEQIP-II Government / Government aided institutes/ATUs across the country would be eligible to participate in twinning arrangements for knowledge transfer, exchange of experience, optimizing the use of resources and developing long-term strategic partnerships.

The Focus States are 7 Low Income States (Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Rajasthan and Uttar Pradesh), 3 Hill States (Himachal Pradesh, Jammu & Kashmir and Uttarakhand), 8 North-Eastern States (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura) and Union Territory of Andaman and Nicobar Islands.

Project Background: The Technical Education Quality Improvement Programme (TEQIP) commenced in 2003 with World Bank assistance as a long term programme to be implemented in three phases. The first phase of TEQIP commenced in 2003 and ended on March 31st, 2009. It covered 127 institutes across 13 States including 18 Centrally Funded Technical Institutions (CFTIs). TEQIP-II commenced in August 2010, covering 23 States/Union Territories (UTs) and 191 Institutes (including 26 CFTIs). TEQIP-II is scheduled to conclude in October, 2016. Both projects have had a positive impact on the infrastructure and educational standards in the technical institutions where they were taken up. Institutions in the central, eastern and north-eastern region and hill States are at present in need of similar and specific interventions. The initiation and implementation of the project TEQIP-III will bridge this gap.

    Print       Email

You might also like...

10 Things You Need To Know About Studying in UK

10 Things You Need To Know About Studying in UK

Read More →
Skilloutlook.com