New Delhi: The Cabinet Committee on Economic Affairs (CCEA) today gave its approval to the revision in the guidelines of Scheme of Assistance for the setting up and upgradation of Institutes of Hotel Management & Catering Technology & Applied Nutrition (IHMs) and Food Craft Institutes (FCIs) across the country.
The Indian Institute of Tourism & Travel Management (IITTM) and National Council of Hotel Management & Catering Technology (NCHMCT) will also be eligible for this assistance.
An official release from the Cabinet said:
The purpose underlying these efforts is to create institutional infrastructure that could foster and facilitate professional education and training specific to tourism, travel and hospitality industry.
The institutional infrastructure, however, not only needs to be expanded constantly in order to meet the ever increasing demand of skilled personnel/professionals, but also needs to be strengthened and upgraded so that it retains/acquires internationally acceptable benchmark of quality.
It is in the backdrop of this that the existing guidelines for regulating outflow of assistance have been reviewed, primarily with a view to eliminating the felt inadequacies in the scheme of things and to meet the new emerging realities and accordingly the following financial assistance is approved:
(i) Augmentation/strengthening/setting up of a State IHM, including Rs.2.00 lakhs for additional Hostels (the ceiling of Rs.1200 lakhs will also account for the assistance already extended): Rs.1200 lakhs
(ii) Augmentation/strengthening/setting up of a State FCI (the ceiling of Rs.1200 lakhs will also account for the assistance already extended): Rs.475 lakhs
(iii) Setting up of a Central IHM/Branch of IITTM/Branch of NCHMCT/Central FCI: No limit/need based
(iv) Setting up of an Executive Development Centre (funding support to continue for the setting up of the EDCs already sanctioned (No new EDC to be sanctioned under the Scheme): Rs.500 lakhs
(v) A Govt. Vocational school including a Kendriya Vidyalaya: Rs.25 lakhs
(vi) An ITI/Polytechnic Institute/University / Govt. College/PSU: Rs.200 lakhs
It would benefit in:
(i) Additional per annum supply of trained manpower to the extent of 19600 to the Hospitality Industry by the year 2011-2012 to cover the gap.
(ii) General up-gradation in the quality of hospitality and travel & tourism education.
(iii) Broad-basing and mainstreaming of hospitality and travel & tourism education.
(iv) A step-forward in harnessing the tourism potential of the country to the fullest.
The Indian Institute of Tourism & Travel Management (IITTM) and National Council of Hotel Management & Catering Technology (NCHMCT) will also be eligible for this assistance.
An official release from the Cabinet said:
The purpose underlying these efforts is to create institutional infrastructure that could foster and facilitate professional education and training specific to tourism, travel and hospitality industry.
The institutional infrastructure, however, not only needs to be expanded constantly in order to meet the ever increasing demand of skilled personnel/professionals, but also needs to be strengthened and upgraded so that it retains/acquires internationally acceptable benchmark of quality.
It is in the backdrop of this that the existing guidelines for regulating outflow of assistance have been reviewed, primarily with a view to eliminating the felt inadequacies in the scheme of things and to meet the new emerging realities and accordingly the following financial assistance is approved:
(i) Augmentation/strengthening/setting up of a State IHM, including Rs.2.00 lakhs for additional Hostels (the ceiling of Rs.1200 lakhs will also account for the assistance already extended): Rs.1200 lakhs
(ii) Augmentation/strengthening/setting up of a State FCI (the ceiling of Rs.1200 lakhs will also account for the assistance already extended): Rs.475 lakhs
(iii) Setting up of a Central IHM/Branch of IITTM/Branch of NCHMCT/Central FCI: No limit/need based
(iv) Setting up of an Executive Development Centre (funding support to continue for the setting up of the EDCs already sanctioned (No new EDC to be sanctioned under the Scheme): Rs.500 lakhs
(v) A Govt. Vocational school including a Kendriya Vidyalaya: Rs.25 lakhs
(vi) An ITI/Polytechnic Institute/University / Govt. College/PSU: Rs.200 lakhs
It would benefit in:
(i) Additional per annum supply of trained manpower to the extent of 19600 to the Hospitality Industry by the year 2011-2012 to cover the gap.
(ii) General up-gradation in the quality of hospitality and travel & tourism education.
(iii) Broad-basing and mainstreaming of hospitality and travel & tourism education.
(iv) A step-forward in harnessing the tourism potential of the country to the fullest.
Soruce: http://indiaedunews.net/Today/CCEA_approves_Scheme_of_Financial_Assistance_to_IHMs,_FCIs_6351/
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