The Confederation of Indian Industry (CII) has welcomed the new UGC (Institutions Deemed to be Universities) Regulation 2016 which has once again opened the doors for both public and private institutions, having outstanding track record, to gain autonomy by becoming deemed to be universities. According to CII Director-General, Mr Chandrajit Banerjee, with the notification of new norms by the ministry of human resource development, there will be scope for several new universities to be established in a short period of time.
There are numerous institutions of proven track record which are unable to grow independently the way they want to because of lack of autonomy. With the notification of new UGC norms, such institutions will get the opportunity to excel themselves and take higher education in India to newer heights, said Mr Banerjee.
The removal of stipulation of minimum land requirement for setting up a university and the removal of cap on setting up off-campuses were both extremely progressive steps which will go a long way in opening up of the sector and attracting more players to offer high quality higher education in India, he said.
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