The ranking framework will be across disciplines which takes into account the perception of an institute, outreach, research activity and inclusivity through reservations.
It will be released by HRD Minister Smriti Irani following marathon meetings of a core committee headed by the HRD Ministry higher education Secretary.
The parameters which would be used for ranking are "teaching learning and resources, research, consulting and collaborative performance, graduation outcome, outreach and inclusivity (through reservations) and perception" said an official note.
The rankings will cover all institutes offering courses on engineering, law, management and humanities and the first ranking list is expected by January-February 2016.
More From This Section
A core committee comprised National Board of Accreditation Chairman (NBA) Surendra Prasad, IIT-Kharagapur Director PP Chakraborty, IIT-Madras Director Bhaskar Ramamurthi, besides the higher education secretary and HRD ministry officials.
"The methodology outlined would start a new era of accountability in higher education in the country," Prasad said.
With the underlining theme that the ranking be designed that enable an apple-to-apple comparison, it has been decided that institutes in different sectoral field such as engineering, management etc would be compared separately.