New Delhi: In a move which will benefit some of the top business schools in India, the central government is likely to grant more autonomy to these institutions. The decision will be taken by the government based on the performance of the standalone institutions.
Soon, the central government led by PM Narendra Modi is likely to approve the All India Council for Technical Education (Categorization of Standalone Institutions for Grant of Graded Autonomy) Regulations, 2018. The All India Council for Technical Education (AICTE) had already provided its approval to the regulations and had put it forward before the Ministry Of Human Resources Development.
What is a standalone institute ?
Standalone institutes are those colleges which are not affiliated to any university. The courses that are taught over there are regular or through distance or open learning. Such institutions provide their own postgraduate certificates in management and allied areas, diploma computer applications and travel and tourism with the approval of AICTE.
Beneficiaries of Standalone Institutions
Some of the institutes which are likely to benefit from this move are
the SP Jain Institute of Management and Research, Mumbai; XLRI, Jamshedpur and MDI Gurgaon
Categorisation of Standalone Institutions
According to the proposed regulations, the AICTE has classified these institutions into three categories which are Category I, II and III.
Category I – An institute will be included into Category I, if it is accredited by National Board of Accreditation (NBA) with a score of 750 or above on a scale of 1000 or above.The institutions will also be eligible for grants and there will be no inspection by AICTE. The institutions will be eligible to commence their own courses. Without the approval of the AICTE, these institutions will be able to open incubation centres, institute-society linkage centres, in self-financing mode etc.
Category II – Meanwhile, category II institutes will be those who will have an NBA score of 700 and above. Such institutions will enjoy the same autonomy as those enjoyed by Category I, however, AICTE will inspect these institutions.
Category III – The institutions in this category will do not get any benefit.
Recruitment of Foreign Faculty and Admission of Foreign Students
All the institutions falling under Category I & II will have the benefit of recruiting foreign faculty without the permission of AICTE. Recruitment of the foreign faculty could be only upto 20% of the institute’s total sanctioned faculty strength.
These institutions will also be able to admit foreign students on the basis of merit and their strenghth has to be upto 20 per cent, over and above the strength of their approved domestic students.