On Monday September 12, 2016 the proposal for initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP) was approved by the Cabinet Committee on Economic Affairs. The project will be implemented as a ‘Central Sector Scheme’ with total project outlay of Rs. 3600 crore. It will be implemented with the facility of Direct Funds Transfer to the accounts of beneficiary institutes. The project will be initiated in the current year and will be co-terminus with Fourteenth Finance Commission (FFC) i.e. 2019-20
The Centre will focus on seven low income states (Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Rajasthan and Uttar Pradesh), 3 hill states (Himachal Pradesh, J&K and Uttarakhand), 8 northeastern states (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura) and Andaman and Nicobar Islands.
The educational institutions will be chosen on the basis of a challenge mode like the competition that was held for cities under the Swacchh Bharat scheme. An estimated 200 government or government-aided engineering institutes and Affiliating Technical Universities (ATUs) including the Centrally Funded Technical Institutions (CFTIs) will be selected. The project will cover all government and or 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 strategic partnerships.
In the initial phase, the cost of the project thus initiated amounts to Rs. 2660 crore, with the possibility of additional financing of Rs. 940 crore at later stage. Out of the total cost thus proposed for starting, the Central share will be Rs.1330 crore and external assistance from the World Bank through International Development Association (IDA) Credit of Rs. 1330 crore ($ 201.50 million as first tranche).
The major outcomes of the project are:
- Better academic standards, through accreditation, filling up faculty positions, training faculty in better teaching methods, improved research outputs in institution in Focus States/UTs.
- Better administration of the institutions with improved financial/academic autonomy.
- Better systems for assessment of Student Learning, higher transition rates.
- Transparent and expeditious release of funds to institutes by way of Direct Funds Transfer (DFT) System.
In the first two phases of TEQIP, southern and western states had benefited a lot so the focus is going to be on some other states in the third phase.