New Delhi: In a major setback to Jadavpur University, the University Grants Commission (UGC) has denied the “Institute of Eminence (IoE)” status to West Bengal’s university citing the reason that the IoE tag would only be given if the state government agrees to allocate up to 50 per cent fund of their share for the development of the institute.Another state university that has been denied IoE tag is Anna University, Chennai under the Tamil Nandu government. Also Read – Uddhav bats for ‘Sena CM’Other universities that have been denied the prestigious IoE tag include Azim Premji University, Indian Institute of Public Health, Gandhinagar, KREA University, which has former RBI governor Raghuram Rajan as governing council advisor and Mahindra group’s chairman Mahindra Group as its governing council member. According to the official communiqué, besides Jio Institute, Bharti of Satya Bharti Foundation has been selected by the UGC for the grant of eminence tag under the Greenfield category. Also Read – Farooq demands unconditional release of all detainees in J&KUnder the scheme, the government will develop 20 institutes comprising of 10 government institutions and 10 private varsities of the world-class level. The Centre will allocate Rs 1,000 crore per institute selected under public institutions category over a period of five years for the overall development of the institute, while institutes selected under private institutions category will not get any fund from the government. The government institutes that have been selected for eminence tag include IIT Bombay, IIT Delhi, IISC Bangalore, IIT Madras, IIT Kharagpur, Delhi University, University of Hyderabad, BHU, Varanasi. The private universities that the UGC has asked the HRD ministry to grant IoE tag include the OP Jindal University in Haryana, Shiv Nadar University in Uttar Pradesh, Jamia Hamdard in New Delhi, VIT Vellore, Amrita Vishwa Vidyapeetham in Bengaluru, Kalinga Institute of Industrial Technology in Bhubaneswar and Bharti of Satya Bharti Foundation. Other private institutes that were selected for the eminence tag in the first round of scrutiny include BITS Pilani, Rajasthan, Manipal Academy of Higher Education and Jio Institute. The decisions over the selection of all 20 institutes were taken by the UGC at a meeting on Friday. In response to queries over denial of the IoE tag to some well-known private universities, a senior official said, “The status has been granted to only those institutes that have been ranked at different levels and those that have not been ranked; they have been kept out as they don’t meet the eligibility criteria.” The colleges had figured in the list of 15 public and 15 private institutes that the Empowered Expert Committee (EEC), headed by former chief election commissioner N Gopalaswami, had recommended for the IoE tag. “In case of the private institutions proposed as IoE, there will be no financial support, but they will be entitled to more autonomy as a special category deemed university,” an official release said. “The Greenfield institutions would get 3 year period to establish and operationalise the institution, and thereafter, EEC will consider giving IoE status to such institutions,” the release further added. The government’s efforts to create world-class universities with the IoE tag had led to the controversy last July when the status was awarded to Reliance Foundation’s Jio Institute, which is yet to be built.
Tokyo: Japan and the United States have reached a broad agreement in trade negotiations, reports said Sunday, with the leaders of both countries expected to hold talks on the sidelines of the G7 summit.”We saw a great progress,” Japan’s minister in charge of trade talks with the US, Toshimitsu Motegi, told reporters in Washington on Saturday after three days of extended bilateral negotiations with US Trade Representative Robert Lighthizer.”This progress will be confirmed at the Japan-US summit” on the sidelines of the Group of Seven (G7) summit currently being held in France, where how to proceed further will be also discussed, Motegi said. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USUS President Donald Trump and Japanese Prime Minister Shinzo Abe enjoy close ties but the bullish US president has frequently claimed that Tokyo has an advantage in bilateral trade and has called for a “more fair” relationship.Lighthizer and Motegi agreed Japan will place tariffs on US agricultural products up to levels that apply to members of the Trans-Pacific Partnership (TPP) pact, Japan’s public broadcaster NHK and major Japanese national dailies reported. Also Read – Record number of 35 candidates in fray for SL Presidential pollsBoth sides agreed that Japan will cut tariffs on US beef and pork to the TPP levels, but will not set new quotas for butter and skim milk, NHK said, citing unnamed sources.Japan has repeatedly said the extent of the opening up of its agricultural market would be within the concession it had made to members of the TPP pact.After an abrupt US withdrawal, 11 countries circling the Pacific last year signed a slimmed-down version of the TPP trade deal, and the pact has been championed as an antidote to growing US protectionism under Trump. The US president has since sparked fears of a trade war by levying steep tariffs and denouncing unfair trading practices.The US will eliminate levies on a wide range of Japanese industrial products, but its tariffs on Japanese automobiles will be left for further negotiations as Trump sees the US trade deficit with Japan as a problem, NHK said.Both sides hope to reach the final agreement by late September, reports said.