In order to deliver higher education in the country, the Federation of Indian Chambers of Commerce & Industry (FICCI) has proposed an overhaul of regulatory framework for technical education.
In a paper on 'Regulatory Framework for Technical Education', the chamber has called for dissolution of the All India Council for Technical Education (AICTE) and to set up a single regulatory authority, independent of the government, as recommended by the National Knowledge Commission (NKC). A role of regulatory authority should not be limited to regulate public, private aided and unaided institutions at the initial stages with minimum prescriptions' and flexible norms to begin with. The chamber stated that institutions with credible reputation over a period of 5 years should be given the autonomous status. FICCI stated that the government should facilitate self-financing higher education institutions to set up campuses without any entry barriers. FICCI has also called for autonomy to all institutions to decide on setting up of new campus, new programmes, number of programmes, number of students, fees, faculty member recruitment, collaboration with international institutions.