New Delhi, Aug 8 (KNN)  Having received poor response from private partners to the setting up of polytechnics, the All India Council for Technical Education (AICTE) has decided to revise the scheme.

“The AICTE has set up a committee to revise the scheme for setting up of polytechnics in the public-private-partnership mode,” said minister of state for human resource development Shashi Tharoor on Wednesday.

According to his statement, the government had approved a scheme to provide financial assistance to set up 300 polytechnics in the PPP mode during the 11th Five Year Plan period (2012-17).

However, the response of the private partners to the scheme was poor.

AICTE had estimated the total cost to be Rs 15 crore per polytechnic, excluding land. The scheme provided for Rs 3 crore central government fund towards capital assets, Rs 2 crore by the state government and a minimum of Rs 10 crore by the private partner.

The land was to be provided by the private partner; alternatively, the state government would provide land.

As far as the admissions were concerned, they were to be made under the aegis of state government based on the procedures being followed in the state.  Appointments however, were to be made by the Institute Management Committee.  (KNN/ES)