HRD Min proposes to grant central funding to pvt institutions

Central funding under Rashtriya Uchchatar Shiksha Abhiyan (RUSA) would also be made available to private institutions based on certain criteria, the HRD Ministry said.
The central funding, which would be up to 90 per cent, will be routed through state council of higher education, the Ministry said in its presentation to a parliament consultative committee.
The Centre and the state governments will monitor the project annually through the project appraisal board.
RUSA aims to improve access, equity and quality in higher education through planned development of higher education at the state level.
One of the key components of the scheme will be that central funding from the Ministry and UGC to institutions will be through the State Council of Higher Education as against the direct funding by the Centre and UGC to educational institutions of higher education.

"It is also proposed to set eligibility criteria for states to achieve a high and sustained impact of the project through monitoring and evaluation," the presentation said at the meeting attended by HRD Minister M M Pallam Raju.
Raju expressed hope the scheme will help increase the gross enrolment ratio (GER) from 18 per cent to 30 per cent.
Emphasising on a collective effort to raise standard of higher education and increase employability, Raju hoped that some of the pending legislations relating to reforms in higher education will get Parliamentary nod in the Monsoon Session.