According to a news report, ‘Country’s top regulator for higher education has given 90 days for the universities to apply for the status, besides giving them the freedom to create their own curriculum, fee structure and admitting students from abroad upto 30 per cent of the total student strength. An official from Higher education department said that around 20 institutions including 10 government-run and 10 private will be chosen for the maiden status by March 2018. With the status of eminence, a government institution can get grants of up to Rs 1,000 crore with the condition that it has to raise at least 25 per cent of the cost for proposed infrastructure development over the next five years.
Officials said those government institutions that are ranked among the top 50 by the HRD ministry in their respective categories such as engineering, general universities or management, would be eligible to apply for the status. The institutions will have to present a report on how they plan to achieve excellence over the next 15 years.
There is, however, no eligibility criteria for private institutions. Even sponsoring groups planning to set up new institutes can apply for the status with their prospective plans. The private institutions will not get any central grants.