HRD Ministry justifies Eminence status to Jio Institute

ANI  |  New Delhi [India] 

The Department of Higher Education, a branch of the clarified its stance on granting 'Institution of Eminence' (IoE) status to Reliance Foundation's Institute in Maharashtra, which, as of now, only exists on paper.

"There are three categories under which the 'IoE' status can be granted, the first of which is the Public institutions category, which includes (IISc) and the (IIT) in and were considered. The second category was Private institutions, under which and Science (BITS) Pilani and have been granted the status," he explained.

"The third category, under which the Institute was granted the status, was the Greenfield Private institutions. These are institutions that do not exist right now, but well-meaning, responsible private investors want to bring global standards to the country. These should be welcomed," he added.

As per Subramanyam, 11 proposals under the Greenfield category were submitted, out of which the was deemed eligible for the status by the concerned screening committee.

"The committee, after due diligence, after reading through the proposals, looking at their vision statement, and their ability to mobilise land, building and the core team, came to the conclusion that there is only one institution which is eligible and we are respecting their judgement," he said.

However, Subramanyam noted that the will be granted a 'Letter of Intent' initially.

"As is starting on a Greenfield mode, they will only get a 'Letter of Intent', which states they must set up their institute within three years. If they do set up, then they get the 'IOE' status, right now they don't have the tag, they only have the 'Letter of Intent'," he added.

Subramanyam also dismissed reports that the institute will receive Rs 1000 crores from the central government.

Last week, controversy erupted after congratulated the Jio Institute, which is yet to be operational, on securing the 'IoE' status.

"Congratulations to @ManipalUni, @bitspilaniindia & Jio Inst for getting status of #InstituteofEminence. #TransformingEducation #48MonthsOfTransformingIndia @PIB_India @MIB_India," the tweeted.

However, the on Monday issued a clarification on over the matter.

"In response to some misinformation campaign in regarding "Institutes of Eminence", please find herewith clarifications on commonly raised questions #InstituteofEminence," The tweeted on its official handle.

.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 10 2018. 13:45 IST