Press Esc to close
Monday 27 February 2017
News updated at 1:52 AM IST
Weather
Max: 35.5°C
Min : 19.7°C
In Bengaluru
clear sky

PSUs may be roped in to set up 300 polytechnics

Prakash Kumar, NEW DELHI, Dec 1, 2012, DHNS:

Private sector reluctant to open institutes

The Ministry of Human Resource Development (HRD) is contemplating roping in public sector units (PSUs) to open new polytechnics under public-private- partnership framework in various parts of the country, as its proposal to set up 300 such institutes in collaboration with industries received a cold response from the private sector.

To address the increasing industry skill challenges, the ministry had planned to open 300 new polytechnics in partnership with industries in the 11 Five Year Plan period itself, but this could not happen due a “poor response” from the private sector, sources in the HRD Ministry told Deccan Herald.

The All India Council for Technical Education (AICTE) initiated a move to find industry partners but after all the efforts only four suitable partners could be identified.
“At a review meeting on November 2, it was felt that PSUs should be roped in as partners for setting up new polytechnics under PPP,” sources said.

As the proposal to open 300 new polytechnics under PPP framework did not have any provision allowing partnership with the PSUs, a decision was taken to prepare a fresh cabinet note for obtaining approval of the cabinet. “Process is now being initiated towards preparation of a fresh cabinet note,” sources added.

The idea to rope in PSUs for opening polytechnics under PPP gained ground in the ministry after some public sector units showed their interest in opening technical institutes.

After the AICTE recently allowed both public and private limited companies with annual turnover of at least Rs 100 crore to start their own technical institutes, Bharat Sanchar Nigam Limited (BSNL) among others submitted an application before the council showing its interest in establishing such institute, sources said.

Under a programme to open 300 government polytechnics in unserved and under-served areas of the country, the Ministry has provided financial assistance to the states.Out of 300 such district, 281 have been provided partial financial assistance of Rs 1915.99 crore so far. Setting up of new government polytechnics in these areas are in various stages, ministry sources said.

“The resource limitations of the government necessitated funds and investments from the private industry for setting up of technical institutions. If we could rope in PSUs for the opening of new polytechnics under PPP, we hope many more such institutes could be open to generate skilled workforce in the country,” sources added.

 

Go to Top

Photo Gallery
Art lovers ging through the paintings exhibited at Taj Gateway organised by Round Table India...

Art lovers ging through the paintings exhibited at Taj Gateway organised by Round Table India...

Bhojpuri actor Ravi Kishan, who recently joined BJP, addresses an election rally in Mirzapur...

Bhojpuri actor Ravi Kishan, who recently joined BJP, addresses an election rally in Mirzapur...

Union Textiles Minister and BJP leader Smriti Zubin Irani (speaking from the podium) poses...

Union Textiles Minister and BJP leader Smriti Zubin Irani (speaking from the podium) poses...

AAP workers smash a hoarding as they protest outside the party office over alleged discrepencies...

AAP workers smash a hoarding as they protest outside the party office over alleged discrepencies...

Bollywood actress Sonal Chauhan walks the ramp during the Jaipur Couture Fashion Show...

Bollywood actress Sonal Chauhan walks the ramp during the Jaipur Couture Fashion Show...

Cricket icon Sachin Tendulkar gestures while flaging off IDBI Federal Life Insurance's New...

Cricket icon Sachin Tendulkar gestures while flaging off IDBI Federal Life Insurance's New...

A pair of parrots collecting nectar from Palash flower at a garden in New Delhi ...

A pair of parrots collecting nectar from Palash flower at a garden in New Delhi ...

Police inspect after a gas tanker collided with a tree at National Highway near Bihuguri of Tezpur..

Police inspect after a gas tanker collided with a tree at National Highway near Bihuguri of Tezpur..

Bikers perform stunts at an event in Faridabad...

Bikers perform stunts at an event in Faridabad...

Tracks laid out for the NEXA P1 Powerboat, Indian Grand Prix of the Seas, the global series...

Tracks laid out for the NEXA P1 Powerboat, Indian Grand Prix of the Seas, the global series...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523