New Delhi: Government Thursday approved a
proposal for investment of Rs 2,430 crore in nearly 200
engineering colleges under a scheme aimed at upgrading the
standards of technical education institutions in the country.
The Cabinet Committee on Economic Affairs, chaired by
Prime Minister Manmohan Singh, gave the go ahead to the
second phase of Technical Education Quality Improvement
Programme (TEQIP) scheme which has been running since 2003
with World Bank`s assistance.
The second phase envisages an investment of Rs 2,430
crore in about 200 technical educational institutions with an
aim to produce higher quality and more employable engineers,
Home Minister P Chidambaram told reporters here.
The project has covered 127 institutions in 13 states
in the first phase.
"The first phase has been rated as satisfactory by the
World Bank," Chidambaram said.
The major objectives of the scheme are strengthening
of institutions with improved learning outcomes and
employability of graduates, scaled-up post graduate education
and demand-driven research and development and innovation,
establishment of centres of excellence and imparting of
pedagogical training to the faculty.
The project will be open for competition and
participation by all engineering institutions approved by All
India Council for Technical Education.
An estimated 200 engineering institutions including
the Centrally Funded Institutions like National Institute of
Technology will be competitively selected along with a small
number of eligible private unaided institutions.
The TEQIP scheme was started to upgrade the quality of
NITs and state-level engineering institutions which were
lagging behind in research and training.
The scheme was envisaged as a long-term programme of
about 10-12 years duration to be implemented in three phases
for transformation of the technical education system with
World Bank assistance. The first phase ended on March 31 last
Out of total project expenditure of Rs 2430 crore in
the second phase, the World Bank will contribute Rs 1395.50
crore, the Centre`s contribution as per 11th Five Year Plan is
Rs 500 crore while the states and private unaided institutions
will invest Rs 518.50 crore and Rs 16 crore respectively.