The government is likely to restructure and reorganise educational agencies like the University Grants Commission (UGC), All India Council for Technical Education (AICTE) and Medical Council of India (MCI). The move comes at a time when the government wants to remodel the entire education system in the country to keep pace with the changing needs of the economy.
The Planning Commission and the Human Resource Development (HRD) ministry is likely to moot a working group to suggest specific reforms agenda at the forthcoming meeting of the full Planning Commission.
The meeting would also decided on setting up seven more IIMs and three new IITs in the next five years with an investment of Rs 5,000 crore.
Aimed at supporting the globalisation of Indian industry and meet the growing demand for management education, the government has drawn up a plan to set up 20 additional National Institutes of Technology and Indian Institutes of Technology.
The Planning Commission has also favored an appropriate policy framework to facilitate greater private sector participation in the education sector, which has been opposed by the HRD ministry.
The government also wants to encourage top-class foreign universities and institutions to set up collaborative institutions in the country through both public and private partnerships and offer degrees and diplomas of same quality and standards of education as in their own countries.
Centralised entrance admissions would be introduced for all the central universities, including the Delhi University.
The government might also shift the present annual exam system to a uniform semester system in all the CUs in the current Plan period itself.