“The point is that both the Times rankings and the Shanghai academic rankings are popular indexes to grade universities across the world. Very few Indian institutes are found in these rankings, more so in the Shanghai rankings. NAAC has complained that the criteria used by these rankings is biased which do not take into account social conditions and so project these institutes in a negative light,” said Sukhdeo Thorat, UGC chairman. “Accordingly, we have started discussions on formulating this index which will grade Indian varsities and international ones and give a comparison.”
NAAC executive committee chairman and former IISc director Goverdhan Mehta will work on its details.
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In other news, the committee headed by Prof. Yash Pal has submitted its report to the HRD minister. I'm not able to locate the report online, but several newspapers have covered its contents: ToI's Hemali Chhapia, The Hindu and ToI's Akshaya Mukul.