TMI BlogCabinet approves initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP)X X X X Extracts X X X X X X X X Extracts X X X X ..... Cabinet approves initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP) - News and Press Release Dated:- 12-9-2016 - News - Press Information Bureau Government of India Cabinet Committee on Economic Affairs (CCEA) 12-September-2016 13:05 IST The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roved the proposal for initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP). The Project will be implemented as a 'Central Sector Scheme' with total project outlay of ₹ 3600 crore. However, the project would be initiated with a cost of ₹ 2660 crore, with the possibility of additional financing of ₹ 940 crore at later stage. Out of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the ₹ 2660 crore, the Central share will be ₹ 1330 crore and external assistance from the World Bank through International Development Association (IDA) Credit of ₹ 1330 crore ($ 201.50 million as first tranche). The project will be implemented with the facility of Direct Funds Transfer to the accounts of beneficiary institutes. The project will be initiated in the current yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r and will be co-terminus with Fourteenth Finance Commission (FFC) i.e. 2019-20, The major outcomes of the project are: (i) Better academic standards, through accreditation, filling up faculty positions, training faculty in better teaching methods, improved research outputs in institution in Focus States/UTs. (ii) Better administration of the institutions with improved financial/academ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ic autonomy. (iii) Better systems for assessment of Student Learning, higher transition rates. (iv) Transparent and expeditious release of funds to institutes by way of Direct Funds Transfer (DFT) System. An estimated 200 Government / Government aided engineering institutes and Affiliating Technical Universities (ATUs) including the Centrally Funded Technical Institutions (CFTIs) wil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l be selected. The project will cover all Government / Government aided engineering institutes, ATUs and CFTIs from Focus States/UT. High-performing TEQIP-I/ TEQIP-II Government / Government aided institutes/ATUs across the country would be eligible to participate in twinning arrangements for knowledge transfer, exchange of experience, optimizing the use of resources and developing long-term st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rategic partnerships. The Focus States are 7 Low Income States (Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Rajasthan and Uttar Pradesh), 3 Hill States (Himachal Pradesh, Jammu Kashmir and Uttarakhand), 8 North-Eastern States (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura) and Union Territory of Andaman and Nicobar Islands. Background: The Tec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hnical Education Quality Improvement Programme (TEQIP) commenced in 2003 with World Bank assistance as a long term programme to be implemented in three phases. The first phase of TEQIP commenced in 2003 and ended on March 31st, 2009. It covered 127 institutes across 13 States including 18 Centrally Funded Technical Institutions (CFTIs). TEQIP-II commenced in August 2010, covering 23 States/Union T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erritories (UTs) and 191 Institutes (including 26 CFTIs). TEQIP-II is scheduled to conclude in October, 2016. Both projects have had a positive impact on the infrastructure and educational standards in the technical institutions where they were taken up. Institutions in the central, eastern and north-eastern region and hill States are at present in need of similar and specific interventions. The i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nitiation and implementation of the project TEQIP-III will bridge this gap. ***** AKT/VBA/AK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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