Highlights of the scheme
- To bring out a nationwide movement through participating institutes that meets the changing dynamics of the populations requirement with regards to quality education, innovation and research and to make india a knowledge superpower.
How it is implemented?
- It was conceived and designed as a long term Project to be implemented in 10 to 12 years in 3 Phases in order to support excellence and transformation in Technical Education in the country.
- The Phase – I of the Project started in 2003 which lasted till 2009.
- The second phase was from 2010 which lasted till October 2016.
- 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.
Funding Pattern
- The total project outlay of Rs. 3600 crore. The project would be initiated with a cost of Rs. 2660 crore, with the possibility of additional financing of Rs. 940 crore at later stage.
- Out of the Rs.2660 crore, 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.
- The project will be implemented with the facility of Direct Funds Transfer to the accounts of beneficiary institutes.
Agencies involved
- 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 strategic partnerships.
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