new delhi top ranking educational institutions such as jawaharlal nehru university banaras hindu university delhi university shri ram college of commerce srcc and lady shri ram college which are funded by the centre could get full operational autonomy including in financial matters the move to grant autonomy to wellperforming educational institutions is part of a wide ranging educational reform plan being finalised by a highpowered committee headed by niti aayog vicechairman arvind panagariya this would allow these institutions to raise resources independently and also have freedom to hire the best talent according to broad contours being worked out by the panel universities and colleges which are funded by the centre and are ranked in a a a category by national assessment and accreditation council naac will be in the elite club of institutions to be granted complete autonomy the naac is an autonomous body established by the university grants commission ugc to assess and accredit institutions of higher education in the country