The criteria for selecting industry partners for setting up polytechnics in PPP Mode set up by All India Council for Technical Education (AICTE):

1. There should be single or multiple industry partners under the scheme to join together with Government to set up polytechnics. Multiple partners are preferred so that collaboration in different areas is possible.

2. The industry partners can be core companies and / or companies doing IT business.

3. Public sector industries could be actively encouraged to become partners.

4. The industry partners must be members of industry Association such as NASSCOM, FICCI, ASSOCHAM, CII etc so that adequate information is available in the public domain.

5. The Partner industry should normally have been in operations for at least 5 years.

6. The Partner industries should preferably as listed companies with a good governance and well regarded in the business community. Being listed implies that they are subject to regulatory control and information about them would be available in the public domain.

7. For those industries which are not listed they must have demonstrated track record, and good governance.

8. MNCs working in India with specialized knowledge and interest should also be encouraged to be partners.

9. The minimum contribution from an industry Partner should be Rs. 10 crore. Each partner may contribute different amounts to make up the required share.

10. The same company may fund different polytechnics based on their need. There should be no exclusive arrangements of any nature and the polytechnics should be free to work with multiple partners.

11. The industry Partners are eligible to seats on the Board of Governors (BOG) upto 60% of the total seats subject to their Nominees being eligible for appointment as per the criteria laid down.

Scheme of providing Financial Assistance for setting up of New Polytechnics under PPP Mode

SCHEME OF PROVIDING FINANCIAL ASSISTANCE FOR SETTING UP OF
NEW POLYTECHNICS UNDER PPP MODE
Agencies involved
(i) Ministry of HRD (Department of Higher Education)
(ii) AICTE
(iii) State Governments
(iv) Industries/private service education providers (Private Partners)
Role of MHRD
Ministry of HRD on the recommendations of AICTE will release the grant to
state governments in installments.
Role of AICTE
AICTE will publicize the scheme in leading news papers and will request
State Governments to also publicize the scheme in regional/local news
papers so as to invite/involve industries in the respective States/regions.
AICTE will also fix the number of polytechnics to be established in a
particular State in the beginning and will intimate the number to the State
Governments.
AICTE will invite proposals from a single or a group of industries who meet
the criteria listed in Annexure to join hands with the State and Union
Governments to establish polytechnics in their region. In the absence of
sufficient number of industries showing interest, proposals from private
service education providers, i.e. Societies/Trusts/Section 25 companies as
has been prescribed by the AICTE in its regulations concerned will be
considered. An expression of interest will be invited in the first instance to
identify such partners in each State. A DPR shall be submitted by the
industry/s identified through expression of interest to establish the
polytechnic in the region as given in Appendix.
After selection of the polytechnics/location of the polytechnics and receipt of
proposals from the State Government along with MOUs with private
partners, AICTE will sent a consolidated proposals of the States to the
Ministry of Human Resource Development for release of grant.
Role of the State Government
State Governments will give vide publicity of the scheme in the
local/regional newspapers so as to involve industries for setting up of
polytechnics.
On receipt of the information about the maximum number of polytechnics to
be set up in the state under this scheme, State Government will send
proposals to AICTE so that AICTE may suitably select the polytechnics
following the criteria for that state.
The State Government along with AICTE will finalize the list of polytechnics
to be established and will sign MOU with the private partners and the AICTE
as per the prescribed MOU.
Role of an Industry Partner
(i) The Partner should be a company of repute with good governance.
(ii) The Partners should actively participate in the Governance of the
institute within the overall framework. For membership in the Board
of Governors they should propose the nomination of senior officials to
the Nominations Committee so that there is active participation.
(iii) The Partner should be willing to do joint projects with polytechnics
either through funding collaboration or in any other manner.
(iv) The Partner should be willing to depute very accomplished individuals
as adjunct faculty or otherwise participate in the teaching activities of
the polytechnics.
(v) The Partner should be willing to allow students to do project works as
a part of their course, within their enterprise. They must also provide
mentors for developing the students in such projects.

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Attached Files

AICTE PPP Mode.pdf (37.2 KB, 157 views)