Sources said preparations for getting the entire system ready for the ambitious project is on in full swing and it is likely be launched by Prime Minister Narendra Modi at a special ceremony here.
"The preparations for the project are on in full swing. The project has the capacity to revolutionise the education system. It is expected to be launched by the Prime Minister on August 15," a source in the Ministry said.
About 2000 courses shall be launched backed by a network that is expected to support 10 lakh concurrent users on anytime, anywhere basis.
Through this scheme the Ministry has proposed to provide high quality e-content to all colleges and universities free of cost.
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The HRD Ministry has roped in Microsoft as the technology partner for this venture.
"When completed, it would bring in interactive eContent on MOOCs format of more than 2.5 lakh hours which would make it the world's biggest repository of interactive electronic learning resource under a single window," officials said.
"This would allow any student in the country to take the courses offered by the best teachers on SWAYAM, especially bridging the academic deficit experienced in the backward areas and helping raise standards of education," officials said.