Explained: How students benefit if their college has the Institute of Eminence tag
Money Control (September 10, 2019)
Students can have à-la-carte options to choose courses and have flexibility in admission process
In order to create world class educational institutions in the country, the human resource development (HRD) ministry has come out with an Institutions of Eminence (IoE) scheme.
Current IoE's include IIT Kharagpur, IIT Madras, IIT Bombay, Delhi University, Vellore Institute of Technology, Shiv Nadar University and Banaras Hindu University.
While there are financial incentives offered to these institutes for being tagged as IoE, here is how the students will benefit:
The government institutions will get an additional funding up to Rs 1,000 crore. This will mean that any expansion projects or infrastructure-related developments will not be stalled for lack of funds. (Read More)