Page 310 - Compendium of UGC Regulations 1957-2023
P. 310

Regulations pertaining to Autonomy to HEIs:



                  6.0  ELIGIBILITY  CRITERIA  FOR  DECLARATION  OF  A  PRIVATELY  OWNED
                       AND  CONTROLLED  INSTITUTIONS  TO  BE  CONFERRED  THE  STATUS  OF
                       INSTITUTION OF EMINENCE DEEMED TO BE UNIVERSITY

                       6.1  The  proposed Institution  of Eminence  Deemed to be University should satisfy the
                             following provisions:
                             (i)   It should be an Institution which has been established as a private Deemed to
                                  be University satisfying all the provisions of the UGC (Institutions Deemed
                                  to be Universities) Regulations, 2016 or established under a law made by a
                                  Legislative  Assembly  of any State  satisfying  all  conditions  laid  down under
                                  UGC (Establishment of and Maintenance of Standards in Private Universities)
                                  Regulations, 2003 as amended; or it should make a completely new proposal to
                                  establish an Institution of Eminence Deemed to be University.
                             (ii)  The Sponsoring Organization shall be not-for-profit society or a public trust or a
                                  company constituted under Section 8 of the Companies Act, 2013.
                             (iii)  The Sponsoring Organization for greenfield institutions should have members
                                  whose  total  net  worth  is  at  least  Rupees  five  thousand  crore  collectively.  For
                                  existing institutions, the total networth of all members of Sponsoring Organisation
                                  should be Rupees three thousand crore collectively.
                             (iv)  The  Sponsoring Organization  should have  atleast  some  members  whose
                                  credentials, as borne out by their record and to the satisfaction of the Empowered
                                  Experts Committee, indicate that they are committed to the objectives laid out in
                                  Regulation 4.
                             (v)  The Sponsoring Organisation should have identified the first Chancellor and first
                                  Vice-Chancellor and the core team who will implement the work of setting up the
                                  Institution of Eminence Deemed to be University. All of them should have very
                                  high qualifications and wide experience.

                             (vi)  The institutions of Eminence Deemed to be Universities should have corpus fund
                                  and other financial resources as specified in Regulation 4.2.11.

                             (vii)  A detailed fifteen year strategic vision plan and a five year rolling implementation
                                  plan, with clear annual milestones and action plans on how the new Institution
                                  of Eminence Deemed to be University is to be set up, with identifiable outputs
                                  and outcomes and how it plans to meet the criteria for attaining the status of an
                                  Institution of Eminence Deemed to be University, as laid down in Regulation 4.
                             (viii) The governance structure of the Institution of Eminence Deemed to be University
                                  should be distinct from the governance structure of the Sponsoring Organization.
                                  The apex Governing Body of the University should consist of members whose
                                  credentials indicate that they can contribute to achievement of the objectives laid
                                  out in Regulation 4, and not be mere representatives of some section or entity.
                                  The Sponsoring Organisation and the apex Governing Body of the University
                                  should be separate body corporate, though there could be a few members from
                                  Sponsoring Organisation  in  the  apex  Governing  Body  to  leverage  the  full
                                  commitment of sponsors to deliver the desired outcomes in a very short-time
                                  frame. The governance structure should demonstrate the sponsor’s commitment
                                  to an arms-length relationship between the two entities.
                             (ix)  It should have sufficient evidence to show that it has experience in translating
                                  plans into real achievements in any field (not necessarily in the field of higher
                                  education, but preferably in it) as per its plans.
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