The requirement of accrediting large number of Colleges by NBA (National Board of Accreditation) is posing a big challenge before Ministry of Human Resource Development (MHRD). Therefore, suggestions came from MHRD to set-up a Section 8 Company under Companies Act 2013 for accreditation of academic institutions with an objective to promote and recognize excellence in technical education in colleges and universities—at both the undergraduate and post graduate levels and to give the benefits of accreditation process to the various institutions, students, employers, and the public at large.
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