This was announced during the Budget 2016.
Irani also said that national ranking framework of institutions all over the nation has been designed with some standards, with over 5,000 of them adding themselves to the ranking framework..
Moreover, relying to a private members bill to regulate all professional colleges by CPI(M) member K K Ragesh, she said, "Unfortunately, many in this House and across the country will accept that education has become more or less a pursuit of certification and less about pursuit of excellence."
Stating on the unreasonably high fees levied by the private engineering colleges, Irani said, "To monitor all this a regulatory system is already keeping a track on private institutes and this issue has been addressed in the anticipated policy named New Educational Policy(NEP)."
Last year also UGC was able to recognise 21 fake institutes running in the country without the permission of the government . Thus, the students were informed by sending a public notice viw various mediums.
In order to ensure that the students of disadvantaged community may get admission in various technical programmes by paying nominal fees, Irani said further added, "The HRD ministry is planning to launch -- Study Webs of Active-Learning for Young Aspiring Mind (SWAYAM) -- a Massive Open Online Course(MOOC) that will start next year.
Further commenting on the regulatory powers of the technical institutitions, that are controlled by AICTE, she said that the government has made laws to penalize those institutions that charge high fees from the candidates. The AICTE has already approved the recommendations of Justice Sri Krishna's national fee committee.
A mobile app, "Know Your College" has been started by two educational regulators -- UGC and AICTE, to give information to the students regarding professionals appointed and registered in academic colleges.
She also added, "If any institution is lying or misleading the public with regard to information, but they have registered with regulators, then the concerned student or citizen or parent can bring it to the notice of the regulator and the regulator takes the appropriate action."