Technical Education Quality Improvement Programme

Technical Education Quality Improvement Programme is a project of Government of India assisted by World Bank.^[1] The project was implemented to improve the quality of education in the technical institutions of India.^[2][3]

Technical Education Quality Improvement Programme (TEQIP)
Country	India
Ministry	Ministry of Education
Launched	December 2002; 22 years ago (2002-12)
Budget	₹3,600 crore (US$410 million)

Funding

TEQIP Phase 1

The Project was declared effective on March 12, 2003 and closed on March 31, 2009 (with an extension of 9 months). The total funds utilized at the end of the project (as on 30th June 2009) were ₹1,324.1182 crore (US$150 million) against the funds release of ₹1,331.8306 crore (US$150 million).^[4] Maharashtra was allotted the Highest in Project Life Allocation amounting to ₹162.5594 crore (US$19 million) out of which ₹161.2571 crore (US$18 million) was disbursed and Sardar Vallabhbhai National Institute of Technology, Surat was allotted the Highest in Project Life Allocation (in Centrally Funded Institutions+National Planning Implementation Unit Category) amounting to ₹22.93 crore (US$2.6 million) and entire amount was disbursed.^[5]