[MTC Global] Private, public companies can set up technical colleges, Parliament told

Private, public companies can set up technical colleges, Parliament told

NEW DELHI ; On November 27 the government told Parliament that all private and public limited companies with a turnover of over Rs 100 crore for the past three consecutive years will now be allowed to set up technical colleges.

In response to a related query on the subject, Minister of State for Human Resource Development Shashi Tharoor said that the decision had been taken by the All India Council for Technical Education (AICTE) in view of the lack of skills among the passouts who graduate from the engineering colleges.

A PIB press note said that the new rule would be applicable from next year. “The AICTE has allowed from 2013-14 private limited or public limited companies/industries having a turnover of at least Rs 100 crore per year for previous three years to establish new technical institutions in engineering and technology, pharmacy, architecture, town planning, hotel management and catering technology,” Tharoor said in a written reply. 

There are several reports by industry based organizations commenting on the lack of adequate skills in the technical education imparted to the students and hence less employability. Therefore, AICTE has reviewed the curriculum and has come up with model curriculum to involve industry best practices. The model curriculum is available on the AICTE website.

AICTE has further proposed scheme of setting up of research park with the industry in certain good 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.

AICTE also promotes entrepreneurship development with the industry. Further AICTE funds industry institute partnership cell to be set up within the institutions. Further AICTE promotes innovation promotions within the institutes based on the requirement of the industry through its students of technical institutions and funds such projects.

 

EDUCATE, EMPOWER, ELEVATE

Bholanath Dutta

Founder, President & Convener: MTC Global

Web Link: www.mtcglobal.org Email: bnath.dutta@gmail.com/president@mtcglobal.org

Cell: + 91 96323 18178