Private players in education sector want long-term funding

Updated on: Wednesday, November 24, 2010

Private players in higher education today pitched for access to long-term funding at priority landing rates for setting up of additional infrastructure.
They also appealed to the government to encourage research and Ph.D in the private institutes too, on the lines of the policy for the state-run higher education institutions.

During a meeting with HRD Minister Kapil Sibal here, representatives of private institutes also suggested that All India Council For Technical Education (AICTE) could also explore options for some form of a one-year MBA programme instead of the two years, as is the practice in some countries, sources in the Ministry said.

Among the represented institutes were Manipal University, Manipal, BITs Pilani, TERI University New Delhi, Thapar Institute, Patiala, Nirma Institute of Management, Chandlodia, Gujarat and Dhirubhai Ambani Institute of Communication,
Ahmedabad.

Representatives from XLRI Jamsehdpur, SP Jain Institute of Management, Mumbai, IIIT Hyderabad, IIIT Bangalore and DAV Institute of Engineering, Jalandhar were also present.

While Sibal had recently voiced concern over the level of education imparted by some private-run institutes, the representatives at today's meeting underlined the requirement of transparency in the education system based on a regime of self-disclosure.

Sources said they also welcomed the Ministry's initiatives regarding the proposal to set up a National Accreditation Regulatory Authority through legislation introduced in Parliament.

They also stressed the need to distinguish higher quality institutes from the ordinary institutions because under the present system they are clubbed into one lot with same rules and checks applying to all.

They said that there should a different yardstick for quality institutions, sources said.

Private players in education sector want long-term funding

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