Technical institutes have to reserve up to 5 p.c. seats for poor students

• From now, technical institutes approved by AICTE have to reserve up to five per cent of their seats for students from economically backward sections of the society.
• Opening up the doors to the corporate sector, companies can also set up technical institutes provided they set up entities registered as a non-profit entity under section 25 of the Company's Act to run such institutes.
• No joint venture will, however, apply to this, the scheme would only be allowed in 241 districts where at present no AICTE approved institute exist.
• At present, only trusts and cooperative societies are allowed to run technical institutes.
• Further, corporates can set up campuses through PPP or through build—operate—transfer mode under agreement with public sector.
• Further relaxing norms,  in rural sector, only 10 acre will be required to set up an engineering institute while in urban sector only 2.5 acre.
• These are all incentives given for expansion of the education sector because the demand is huge and supply is less and the problems of fees etc.