Government allocates ₹900 crore for Institutions of Eminence scheme as IIT Delhi and IIT Madras climb global rankings, but India still awaits its first university in the world's top 100.
The Centre is set to expand its flagship Institutions of Eminence (IoE) scheme by bringing four additional private universities into the programme during the 2026–27 financial year, reaffirming its commitment to building globally competitive higher education institutions despite ongoing debates over the initiative's effectiveness.
According to government plans, ₹900 crore has been earmarked for the IoE programme in FY27, signalling continued investment in India's ambition to create world-class universities capable of competing with leading global institutions. The move comes nearly a decade after the scheme was launched in 2017 to elevate select universities into the ranks of internationally recognised centres of excellence.
The proposed expansion follows two earlier rounds of selections in 2018 and 2019, which designated 12 institutions—eight public and four private—as Institutions of Eminence. The scheme offers greater academic, administrative and financial autonomy, while public institutions also receive government funding to support their transformation.
The decision comes at a time when Indian universities have recorded steady progress in global rankings. In the latest QS World University Rankings 2026, IIT Delhi climbed to 123rd position from 150th, while IIT Madras improved from 227th to 180th. India now has six institutions ranked among the world's top 250 universities, reflecting growing international recognition of the country's higher education sector.
However, the programme's broader objective of creating globally dominant universities remains a work in progress. No Indian institution has yet entered the QS top 100, with IIT Bombay's 118th position in 2025 remaining the closest the country has come to achieving that milestone.
Higher education experts argue that global rankings continue to reward parameters where Indian universities face structural challenges, including international faculty recruitment, foreign student enrolment, research collaboration networks and global academic visibility. Critics also note that public IoEs received less funding than originally envisaged, while private institutions were granted autonomy without direct financial support.
Even as questions persist about the model's long-term impact, the government's latest expansion indicates that global rankings remain a key benchmark for India's higher education ambitions. With international branch campuses, deep-tech research initiatives and increased institutional autonomy reshaping the sector, the coming years will determine whether the IoE programme can help India achieve its goal of establishing truly world-class universities.