Govt introduces scheme for rating ITIs to promote excellence

Image
Press Trust of India New Delhi
Last Updated : Jan 02 2015 | 5:15 PM IST
In a bid to promote excellence in vocational education, government today introduced a scheme for rating ITIs under which 4 and 5 star rated such private institutes are allowed to charge 20 per cent extra fee.
"The Ministry of Labour and Employment has introduced a scheme for rating of Industrial Training Institutes (ITIs) in order to promote excellence in vocational training," a press release said.
In the normative fee structure for private ITIs, 20 per cent extra fee has been permitted for ITIs who are rated 5 star or 4 star, it said.
At present, there are about 12,000 ITIs in the country. The numbers of ITIs have doubled over the last about five-six years. A large number of ITIs are proposed to be opened within the next five years.
According to statement rating is expected to help students and employers by serving as a formal recognition from the government about a specified level of quality of training and facilities.
Rating system will serve as a management tool to identify problem areas and design appropriate policy intervention.
The rating scheme is voluntary for the NCVT affiliated ITIs. The rating of institute will be valid for a period of two years. The fee for the rating process will not be regulated. However, the rating agencies will disclose the fees charged to a specific institute.
The agencies empanelled on pilot basis for the purpose are ICRA Limited, Credit Rating Information Services of India Limited (CRISIL), NABET, Quality Council of India (QCI).
Under the scheme the ITIs will be rated at the trade and institute level. The combined rating of all trades in the institute will be calculated on weighted average method.
While the parameters to assess trade will have 70 per cent weightage, the institute would have 30 per cent weight.
The weighted average rates as described above for Trade and Institute will be converted into a 0 to 10 points scale. The ITIs scoring 8-10 points will be rated five star.
Similarly the ITIs scoring 6-7 points will be four star institutes. Those with over five points will be rated three star. There will be no rating for institutes with less than five points.
For ensuring quality of training in ITIs, decision of compulsory re-affiliation of ITIs after five years has also been taken by National Council on Vocational Training (NCVT).
NCVT may not award certificates to students of ITIs admitted from August, 2015 session onwards which were affiliated before 2009 and do not seek re-affiliation with NCVT by July, 2015.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 02 2015 | 5:15 PM IST

Next Story