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How could I start my own college or university in India?

The private universities of India are established by different State Acts and adhere to the provisions mentioned in the UGC Act, 1956 and also follow the amendments to the same.The laws state that a private university should be a singular entity that has sufficient teaching, examination, and research facilities in addition to extension services. A private university created as per a State Act operates generally within the territorial boundaries of the state where it is inaugurated.Opening Subsidiary UnitsA university will be permitted to start off-campus centers, study centers, and off-shore campuses after a period of 5 years. Such permission is provided in special circumstances and requires the fulfillment of the following conditions:The study centers and off-campus centers can be established with previous consent from the UGC and the ruling government of the state where the facility will be basedAn off shore campus can only be opened after procuring the necessary permission from the Union Government of India and the government of the country where the center will be basedEither the UGC or an agency selected by it will monitor the total performance of the centers. The centers will be required to follow the management, improvement and academic development related guidelines provided by the UGCThe remittance of funds of the off shore campuses will be done as per the relevant guidelines and laws mentioned by the Reserve Bank of IndiaIf the UGC finds the performance of the said centers to be less than satisfactory the concerned universities will have to stop operating them. However in these circumstances, the well-being of the already enrolled will be properly attended toGuidelines for opening a new UniversityThe private universities of India need to satisfy the minimum guidelines for several areas such as:ProgramsInfrastructureFacultyFinancial feasibilityFollowing are the statutory organizations, aside from the University Grants Commission (UGC) whose guidelines have to be followed by the new universities in India:All India Council for Technical Education (AICTE)Indian Nursing Council (INC)Bar Council of India (BCI)Medical Council of India (MCI)Distance Education Council (DEC)National Council for Teacher Education (NCTE)Dental Council of India (DCI)Pharmacy Control of India (PCI)With regards to fees and process of admission, the university in question will be required to follow the norms laid down by the UGC and other relevant statutory bodies.University Curriculum CompositionThe degree and diploma programs of a new university at the undergraduate and postgraduate level need to have the formal consent of the following constituent bodies of the same:Board of StudiesGoverning/Executive CouncilAcademic CouncilThe university will be required to adhere to the norms related to curriculum laid down by the UGC or any other relevant statutory body. It will also need to follow all the modifications that are done to the existing norms in this regard. The private organization will have to provide detailed information regarding the following areas of its various programs to the UGC before initiating them:Curriculum structureSystem of evaluation and examinationContentEligibility criteria for admitting studentsProcess of teaching and learningThe UGC will conduct a thorough analysis of the information thus provided and also look into the feedback and complaints from the students regarding the curriculum. It will also seek additional opinion on whether the proposed programs have followed the UGC norms and all the possible problematic areas.The UGC will then inform the concerned university about the shortcomings – the university will consequently need to address these areas and then offer the modified versions of the concerned programs.Inspection of Universities in IndiaThe UGC conducts inspection of the university at definite intervals. This is also applicable for the off campus centers, offshore campuses, and study centers of the same.The UGC will also collect important information in this regard from the university in question. This is done as per the UGC (Returns of Information by Universities) Rules, 1979 – the amendments to the same will also have to be followed as and when applicable.Problems with Opening University in IndiaThe major factor for opening a university in India is to present a new dimension to technology, science, and other emerging disciplines. Infrastructural requirements are another major issue in this regard.The Indian government normally provides special incentives for inaugurating universities in remote areas. In recent times several deemed universities have been de-affiliated for being unable to satisfy the required guidelines regarding faculty and infrastructure.

How do I start my university in India? What is the procedure?

Here is the procedure but for legal , accounting and secretarial advice, reach out at wazzeer . comOpening Subsidiary UnitsA university will be permitted to start off-campus centers, study centers, and off-shore campuses after a period of 5 years. Such permission is provided in special circumstances and requires the fulfillment of the following conditions:The study centers and off-campus centers can be established with previous consent from the UGC and the ruling government of the state where the facility will be basedAn off shore campus can only be opened after procuring the necessary permission from the Union Government of India and the government of the country where the center will be basedEither the UGC or an agency selected by it will monitor the total performance of the centers. The centers will be required to follow the management, improvement and academic development related guidelines provided by the UGCThe remittance of funds of the off shore campuses will be done as per the relevant guidelines and laws mentioned by the Reserve Bank of IndiaIf the UGC finds the performance of the said centers to be less than satisfactory the concerned universities will have to stop operating them. However in these circumstances, the well-being of the already enrolled will be properly attended toGuidelines for opening a new UniversityThe private universities of India need to satisfy the minimum guidelines for several areas such as:ProgramsInfrastructureFacultyFinancial feasibilityFollowing are the statutory organizations, aside from the University Grants Commission (UGC) whose guidelines have to be followed by the new universities in India:All India Council for Technical Education (AICTE)Indian Nursing Council (INC)Bar Council of India (BCI)Medical Council of India (MCI)Distance Education Council (DEC)National Council for Teacher Education (NCTE)Dental Council of India (DCI)Pharmacy Control of India (PCI)With regards to fees and process of admission, the university in question will be required to follow the norms laid down by the UGC and other relevant statutory bodies.University Curriculum CompositionThe degree and diploma programs of a new university at the undergraduate and postgraduate level need to have the formal consent of the following constituent bodies of the same:Board of StudiesGoverning/Executive CouncilAcademic CouncilThe private organization will have to provide detailed information regarding the following areas of its various programs to the UGC before initiating them:Curriculum structureSystem of evaluation and examinationContentEligibility criteria for admitting studentsProcess of teaching and learningThe UGC will then inform the concerned university about the shortcomings – the university will consequently need to address these areas and then offer the modified versions of the concerned programs.Inspection of Universities in IndiaThe UGC conducts inspection of the university at definite intervals. This is also applicable for the off campus centers, offshore campuses, and study centers of the same.Problems with Opening University in IndiaThe major factor for opening a university in India is to present a new dimension to technology, science, and other emerging disciplines. Infrastructural requirements are another major issue in this regard.Ask us at wazzeer . com

What is green banking?

Green Banking, as defined by Institute for Development and Research Technology, is an umbrella term referring to practices and guidelines that make banks sustainable in economic, environment, and social dimensions. It aims to make banking processes and the use of IT and physical infrastructure as efficient and effective as possible, with zero or minimal impact on the environment.Considering the nature of banking processes and infrastructures, IDRBT offers guidelines for greening banking in two levels.Making day-to-day business operations, banking products and services greener by following simple practices and making them environmentally friendly.Making IT infrastructure (including data center) and physical infrastructure (including buildings) greener and taking initiatives so that a bank could itself generate electricity for its own consumption.There is a study of green banking trends in India done by Dr. Nishikant Jha and Shraddha Bhome and the link to the article is given here[1]Read the publication by IDRBT, which was established by Reserve Bank of India[2]Footnotes[1] http://www.abhinavjournal.com/images/Management_&_Technology/May13/15.pdf[2] Page on idrbt.ac.in

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