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Centre to fund 10 institutes for next 4 years to help them reach among top 100 on world rankings The Centre will soon pick 10 higher education institutes with potential and provide them with substantial funding over the next four years so that Indian institutes can finally storm into the top 100 on global academic rankings like QS and Times like neighbors China and South Korea.
The human resource development (HRD) ministry has drawn up a list of 8-10 institutes of high academic standing that are currently among the top 500 institutes in global academic rankings and have the potential to perform much better. The end target is getting Indian institutes among global top 100. Some of the top ranking IITs besides the Indian Institute of Science, Bangalore are among the institutes identified so far for the fund boost.
These are likely to include IIT Delhi, IIT Bombay, IIT Kanpur, IIT Kharagpur, IIT Madras, IIT Roorkee, IIT Guwahati and Indian Institute of Science and Bangalore.
While there is not a single Indian institute among the top 100 or top 200 on international rankings but this year when IIT Delhi and IISc Bangalore finally registered their presence among top 200 on the QS rankings.
The Modi government has taken the cue and the Centre is preparing to pump in substantial funds in 10 top Indian institutes so that they can climb up the tally. The Smriti Irani-led ministry is moving the plan as a key part of its budget proposal. It is learnt that Prime Minister Narendra Modi is also quite keen that a concerted effort be made to ensure the same.
Indian institutes, incidentally do not score well on the parameters where academic reputation of the institutes is measured through a global survey.