Technical Education Quality Improvement Programme (TEQIP) of Government of India is being implemented as a World Bank assisted Project to improve the quality of technical education system in the country.
The Phase – I of TEQIP was implemented in 13 States and covered 127 Institutions including 18 Centrally Funded Institutions. It became effective in March 2003 and completed on 31st March, 2009.
The Phase – II of TEQIP is in progress and its objectives are
- Strengthening Institutions to produce high quality engineers for better employability,
- Scaling-up postgraduate education and demand-driven Research & Development and Innovation,
- Establishing Centers of Excellence for focused applicable research,
- Training of faculty for effective Teaching, and
- Enhancing Institutional and System Management effectiveness.
Project cost in the funded and aided institutions for all sub-components will be shared between the Central Government and State governments in the ratio of 75:25 by all States except the Special Category States for which the ratio will be 90:10.
For Centrally Funded Institutions, the entire Project cost will be borne by MHRD.
Funding for private unaided institutions in all States selected under Sub-component 1.1 will be in the ratio of 20:20:60 i.e. 20% funding from institutions, 20% funding as Grant from State and 60% funding as Grant from MHRD.
Funding for private unaided institutions selected under Sub-component 1.2 will be in the ratio of 75:25 between MHRD and States for all States except in the Special Category States for which the ratio will be 90:10.