Jio Institute Current Affairs
The Union Ministry of Human Resource Development (HRD) has granted Institution of Eminence (IoE) status to six educational institutions. It includes 3 Institutions from Public Sector and 3 from Private Sector. They were selected by Empowered Expert Committee headed by former Chief Election Commissioner (CEC) N Gopalaswami.
Selected institutions are
Public Sector: Indian Institute of Science (IISc), Bengaluru (Karnataka); Indian Institute of Technology (IIT), Bombay (Maharashtra) and IIT, Delhi.
Private Sector: Birla Institute of Technology & Sciences, Pilani (Rajashtan); Manipal Academy of Higher Education, Manipal (Karnataka) and proposed Jio Institute of Reliance Foundation in Pune (Maharashtra) under Green Field Project.
Institutions of Eminence (IoE)
The scheme of IoE was rolled out by University Grants Commission (UGC). It aims to help 20 higher education (10 public and 10 private) institutions from country break into top 500 global rankings in 10 years, and then eventually break into top 100 over time.
Benefits: These selected institutions will have greater autonomy compared to other higher education institutions. They will be free to decide their fee for domestic and foreign students and have flexible course duration and structure. They will be exempted from approvals of government or UGC for academic collaborations with foreign institutions, except institutions in MEA and MHA’s list of negative countries. 10 government institutions selected will also get Rs 1,000 crore each from HRD Ministry to achieve world-class status. There will be no financial assistance to the private institutions.
Performance: Once identified, IoE are targeted must target break into top 100 bracket in one internationally reputed ranking framework in 10 years.
Eligibility: Only higher education institutions, currently placed in the top 500 of global rankings or top 50 of National Institutional Ranking Framework (NIRF), are eligible to apply for eminence tag. The private IoE can also come up as greenfield ventures provided sponsoring organisation submits convincing perspective plan for 15 years.