He said this would facilitate establishing a three-tier system in college education in the form of affiliated colleges, autonomous colleges and the universities.
'This would allow colleges to improve themselves,' Sibal said.
The minister said the government planned to set up 374 'model' colleges in as many educationally backward districts in the country.
He said through the Right to Education Bill, which had already been passed by the Rajya Sabha, 'India is going to be spending huge amounts for neighbourhood schools, the process by which adequate number of students will be thrown up for the university system.'