Funding by the University Grants Commission (UGC), henceforth, will be based only on performance, UGC Vice-Chairman H. Devaraj said here on Friday.
The commission has proposed a long-term plan to bring in excellence in universities, he added.
Speaking to reporters on the sidelines of a Workshop on Choice-Based Credit System here, Mr. Devaraj said for the last 60 years grant-in-aid and funds were released to universities as general development assistance. The universities were accountable for the grants and funds allocated to them. The next 15 years will be a tough period and the performance of universities across the country will be assessed with the aim of ensuring that at least one university figured in the world’s top 200 Universities. Mr. Devaraj said that 35 universities in the country had applied for excellence status. A total of seven universities were selected and a few of them, Anna University, had been shortlisted. They have been called to make a presentation. Universities with Potential for Excellence would be eligible for grants worth Rs.150 crore, he said.
The UGC has revised its guidelines in accordance with National Skills Qualification Framework and is giving priority to skill-based courses, he added.
“The commission has proposed a long-term plan to bring in excellence in universities”