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Corporates may get nod to run technical colleges
Monday, October 11, 2010 07:19:57 PM,
IANS
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Chandigarh:
The All India Council for Technical Education (AICTE) might allow
the corporate sector to start engineering and other technical
colleges, a top council official said Monday.
"Companies formed under Section 25 of the Companies Act may be
considered for this purpose. It may take one or two years to
finalise the guidelines and modalities for implementation of this
proposal," AICTE chairman S.S. Mantha said here.
Welcoming the move, Anshu Kataria, chairman of the Aryans Business
School, said that it would help the engineering and technical
education sector. He is also the convener of the education
sub-committee of the PHD Chamber of Commerce and Industry.
"This will not only attract big corporate houses to invest in
education sector but would also attract foreign direct investment
(FDI)," Kataria told IANS.
So far, only government, semi-government organisations, societies
and trusts are permitted to start educational projects.
"All the stakeholders should work together for the education
system to improve," Mantha said.
The AICTE chairman said the council did not recognise distance
education, though it has allowed double shift in the educational
institutes. He said the aim should be to get more and more
eligible people into higher education.
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