The P.V. Indiresan Committee on the changing of the funding pattern
for the IITs has submitted its report.
The Committee has recommended that plan grants
for infrastructure renewal or expansion should be based on institutes’
perspective plans and their performance in reaching milestones
as per these plans.
Based on the experience of implementation of
the Block Grant Scheme and international trends, the committee
recommended a shift to formula based non-plan funding for IITs
with outcome focus. Broad principle is that similar activities
should be funded at similar rates and any variation should be
based on sound and justifiable reasons.
The Committee recommended a performance linked
grant to promote initiative and competition.
This information was given by Minister of State
for Human Resource Development, Dr. Vallabhbhai Kathiria in written
reply to a question in Rajya Sabha today.
