This document discusses the evolution of educational institutions in India and the World Class Institutions scheme launched by the government in 2017. It provides criteria for what constitutes a world-class institution, including rankings, faculty, students, research, and other factors. The scheme aims to identify 10 public and 10 private institutions and provide them financial assistance and autonomy to emerge as top global institutions. Selected institutions are expected to achieve certain targets and will undergo periodic review. So far some progress has been made by selected institutions in improving their rankings in subject-specific categories.