Engineering colleges in the country will no longer be accredited by the National Board of Accreditation (NBA) and the role will be taken over by a new company --IIT Foundation for Accreditation and Assessment (IFAA).
The company established recently, having IIT Madras, IIT Delhi and IIT Kharagpur as founding partners, is now looking for a CEO.
The HRD Ministry had proposed formation of a Section-8 Company under Companies Act, 2013 for the purpose of undertaking accreditation, through participation of IITs and IIMs and a company by the name of IFAA has been established.
"The company incorporated will attempt to expedite the accreditation process, operating in a self-sustainable mode, a senior official, who is member of the IIT Council said.
The CEO appointed from amongst the serving or superannuated IIT Faculty, will be responsible for overall operation, academic, administrative and financial functions of the company, in developing an objective framework for assessment, which shall be efficient and transparent to undertake accreditation needs of colleges and universities offering engineering and science education, the official added.
The idea of making the IITs parallel assessors alongside the NBA and the National Assessment and Accreditation Council (NAAC) by setting up accreditation centres in the prestigious institutions was mooted by former HRD Minister Prakash Javadekar.
Initially, several IIT directors loathed the idea, saying the proposed role would dilute the tech schools' core mandate of teaching and research in technical education but they agreed to provide "limited" assistance and expertise so that their core functions would remain unaffected.
Later, it was decided to set up a company which operates in a self-sustainable mode.
The company will also address and participate in any open call or invitation to extend its services to the University Grants Commission (UGC) or All India Council for Technical Education (AICTE) for undertaking accreditation activities. The company will be free from any interference from the Ministry or IITS, the official said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)