Status: In its previous tenure, the Modi government had launched a World Class Institutions scheme to identify 20 institutions as Institutions of Eminence (IoE), and support them with a budgetary outlay of Rs 10,000 crore for 5 years. Only 12 higher educational institutions were granted the IoE status by March 2023. The process is underway to accord IoE status to 7 more institutions, while one institute has expressed its inability to comply with the conditions of the scheme. i