Third Phase of Technical Education Quality Improvement Programme (TEQIP) approved

cabinet-approves-initiation-of-the-third-phase-of-technical-education-quality-improvement-programme-teqip

Question: Recently the Cabinet Committee on Economic Affairs has approved the proposal for initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP).The programme was launched in which of the following year?
(a) 2003
(b) 2002
(c) 2001
(d) 1998
Ans: (b)
Related facts:

  • On 12 September 2016 the Cabinet Committee on Economic Affairs has approved the proposal for initiation of the Third Phase of Technical Education Quality Improvement Programme (TEQIP).
  • The Project will be implemented as a ‘Central Sector Scheme’ with total project outlay of Rs. 3600 crore.
  • The project would be initiated with a cost of Rs. 2660 crore.
  • The additional financing of Rs. 940 crore would be provided at later stage.
  • Out of the Rs.2660 crore, the Central share will be Rs.1330 crore and external assistance from the World Bank through International Development Association (IDA) Credit of Rs. 1330 crore ($ 201.50 million as first tranche).
  • The project will be implemented with the facility of Direct Funds Transfer to the accounts of beneficiary institutes.
  • The project will be initiated in the current year and will be co-terminus with Fourteenth Finance Commission (FFC) i.e. 2019-20.
  • An estimated 200 Government / Government aided engineering institutes and Affiliating Technical Universities (ATUs) including the Centrally Funded Technical Institutions (CFTIs) will be selected.
  • The Focus States are 7 Low Income States (Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Rajasthan and Uttar Pradesh), 3 Hill States (Himachal Pradesh, Jammu & Kashmir and Uttarakhand), 8 North-Eastern States (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura) and Union Territory of Andaman and Nicobar Islands.
  • The Ministry of Human Resource Development launched in December, 2002 the “Technical Education Quality Improvement Programme of Government of India (TEQIP)”.
  • The Programme was conceived and designed as a long term project to be implemented in 10-12 years in 3 phases to support excellence and transformation in Technical Education in the country.
  • The first phase of TEQIP commenced in 2003 and ended on March 31st, 2009. TEQIP-II is scheduled to conclude in October, 2016.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=149697
http://mhrd.gov.in/technical-education-12