Formation | 2016 |
---|---|
Type | Higher-education recognition scheme |
Region served | Republic of India |
Membership | Universities and institutes of higher education |
Budget | ₹18,000.00 crore (US$2.2 billion) (FY2024–25 est.)[1] |
Website | ioe |
Institutes of Eminence (IoE) is a recognition scheme for higher education institutes in India, set by the University Grants Commission in 2017. Recognised institutions are granted more autonomy, both administratively (e.g. setting fees) and academically, are allowed to open offshore campuses, and will enjoy better collaboration opportunities with global universities. The plan encompasses twenty institutions, twelve of which have already been declared Institutes of Eminence as of April 2021[update].[2][3]Public institutions are granted up to ₹1,000 crore (equivalent to ₹14 billion or US$170 million in 2023); no funding is awarded to private institutions. This scheme is equivalent to Russel Group Universities in the UK.
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