Higher Education Financing Agency HEFA was incorporated in which year ........

Economic and Social Issues Social Infrastructure

The Department of Higher Education of the Ministry of Human Resource Development has come out with an five-year vision plan named Education Quality Upgradation and Inclusion Programme (EQUIP). The ten Expert Groups drawn from senior academicians, administrators and industrialists, have suggested more than 50 initiatives that would transform the higher education sector completely. EQUIP, an overarching program has been conceived by the Department of Higher Education, Ministry of Human Resource Development which sets out to deliver further on the principles of access, inclusion, quality, excellence, and enhancing employability in higher education. EQUIP aims at ushering transformations in India’s higher education system by implementing strategic interventions in the sector over five years (2019 – 2024). Ten expert groups have been constituted to design and formulate an Action Plan on Higher Education titled Education Quality Upgradation and Inclusion Program (EQUIP) encompassing ten critical areas of Indian higher education.

Higher Education Financing Agency (HEFA) was incorporated in which year?

2015

2018

2017

2014

2016

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Explanation:

Higher Education Financing Agency (HEFA) was incorporated in 2017 as a joint venture of MHRD and Canara Bank with agreed equity participation .Its objective is to finance the creation of capital assets in premier educational institutions in India.It is registered under Section 8 [ Not-for-profit] under the Companies Act 2013 as a Union Govt company and as Non–deposit taking NBFC-ND with RBI.Recently, HEFA’s scope has been expanded to cover school education, educational institutes under the Ministry of Health, etc.