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AICTE permits Private and public firms to start technical institutions

Source : Edu Leaders
Nov 29, 2012

Minister of State for HRD Shashi Tharoor said, “AICTE has also proposed scheme of setting up of research park with the industry in certain institutions where AICTE will fund up to one crore of a rupees along with matching grant from the industry.”

 

The All India Council for Technical Education (AICTE) has allowed Private and Public Limited Companies having turnover of at least Rs. 100 Cr per year to establish new technical institution in Engineering & Technology, Pharmacy, Architecture & Town Planning and Hotel Management Catering Technology.

 

In fact several industry based organizations have been complaining for a long time on the lack of skills in the technical education given to the students. Taking a serious note of this fact, now AICTE has reviewed the curriculum and come up with model curriculum to involve industry best practices. This curriculum is available on the AICTE website.

 

Minister of State for HRD Shashi Tharoor said, “AICTE has also proposed scheme of setting up of research park with the industry in certain institutions where AICTE will fund up to one crore of a rupees along with matching grant from the industry.”

 

It is expected that the institute will provide about 350 to 500 Sq. Mtr. of area within the campus to the industry to set up research extension facility within the institute. This facility would provide the students to work on live projects and faculty to participate with the industry experts for the same whereas the industry also would benefit from the faculty expertise.


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