Page 312 - Compendium of UGC Regulations 1957-2023
P. 312

Regulations pertaining to Autonomy to HEIs:



                             (vii)  Deciding on changes in transfer of sponsorship from any or all of the original
                                  sponsors of Institutions of Eminence Deemed to be Universities.
                             (viii) Making recommendations to the Commission with respect to the liquidation of
                                  the Corpus Fund of an Institution of Eminence Deemed to be University.
                             (ix)  Calling for the accounts of the Institution of Eminence Deemed to be Universities
                                  to  verify  compliance  with the  corpus and  other  additional  guaranteed  and
                                  committed financing requirements.
                             (x)  Assessing deviations from the goals of Institutions of Eminence Deemed to be
                                  Universities and making recommendations to the Commission regarding Penalties
                                  for the same.

                             (xi)  Examining  proposals  on  issues not  covered  in  the  regulations  and  making
                                  recommendations to the competent authorities.

                  8.0   PROCEDURE  FOR  DECLARATION  AS  AN  INSTITUTION  OF  EMINENCE
                       DEEMED TO BE UNIVERSITY

                       8.1  Call for application
                             The Commission shall call for applications, to be submitted to the Ministry of Human
                             Resource
                             Development,  both from existing  Private  Institutions  desirous of being declared
                             as an Institution  of Eminence  Deemed  to be  University  and  also  from  Sponsoring
                             Organisations  desirous of setting  up new Institutions of Eminence  Deemed  to be
                             Universities. The advertisement shall be issued both in print media and also shall be
                             put on the website of Commission and the Ministry of Human Resource Development.
                             A minimum time of ninety days should be provided for submitting applications from
                             the date of the advertisement.
                       8.2  Application
                             8.2.1 An application in specified format may be made by the Chancellor of an existing
                                  Private Institution Deemed to be University / existing Private University and by
                                  Sponsoring Body for an institution yet to established to the Ministry of Human
                                  Resource Development, along with a processing fee of Rupees one crore by way of
                                  Demand Draft drawn in favour of The Secretary, University Grants Commission.
                                  The processing fee is refundable to the extent of Rupees seventy five lakh to the
                                  applicant who are not selected as Institutions of Eminence.
                             8.2.2 Every application should have two parts, a fifteen year strategic vision plan as
                                  well  as  a  five  year  implementation  plan. The  former  would  be  the  long-term
                                  strategic  plan  to  meet  the  objectives  and  characteristics  of  an  Institution  of
                                  Eminence and shall also contain the quantified milestones and timelines for the
                                  institution to achieve world-class repute as laid down in Regulations 3 and 4. The
                                  implementation plan should contain detailed and tangible annual action plans to
                                  achieve the objectives laid out in the strategic plan.
                       8.3  Accompanying documents
                             Each application should be accompanied by the following (as applicable as per the
                             Category of the Institution under Regulation I .2):
                             (a)  Details of members / directors of the Sponsoring Organization.
                             (b)  The  guiding documents of Sponsoring Organisation  (such as Memorandum
                                  of Association or Trust Deed) which should clearly lay down that research &
                                  education is one of the main objectives.
                                                                                                                 311
                                                                                University Grants Commission
   307   308   309   310   311   312   313   314   315   316   317