TECHNICAL EDUCATION QUALITY IMPROVEMENT PROGRAMME FUNDS
(TEQIP FUNDS)
Establishing the Four Funds is crucial for sustaining developmental activities in TEQIP beneficiary institutes beyond the project duration. Therefore, it is mandatory for these institutes to set up the Four Funds, which include the Corpus Fund, Faculty Development Fund, Equipment Replacement Fund, and Maintenance Fund. These funds were prohibited from use during the TEQIP project period. The Four Funds from TEQIP II and the Sustainability Fund from TEQIP III have been merged by category (e.g., the Corpus Fund of TEQIP II with that of TEQIP III, and so on). Going forward, these consolidated funds will be referred to as TEQIP Funds