HRD ministry on Friday said that proposals to establish
Higher Education Financing Agency (HEFA) and turning 10 public and private
institutions into world class educational institutions could be a game changer
as there has been a substantial hike in budget allocation for higher school
education.
Education secretary Vinay Sheel Oberoi commented that how 10 institutions each from public and private would be selected will be worked out in the next few months.
As per HRD ministry, that these institutes will have foreign faculty on the guidelines of Global Initiative of Academic Network (GIAN). They will design framework of every institute separately.
R Subramanyam, Uchchatar Avishkar Abhiyan, additional secretary said that 160 proposals have already came in worth Rs 623 crore of which industry will contribute Rs 156 crore. In the first year only IITs were involved. This will give a big push to government's Make in India programme.
Smriti Irani, HRD minister said that opening of 62 new Navodaya Vidyalayas will boost rural education in India. Further, Mahila Samakhya will be taken over by the National Rural Livelihod Mission of Rural Development ministry.