Ministry of Human Resource Development has been releasing Ranking System Framework for Higher Educational Institutions of India since 2016.
The National Institutional Ranking Framework (NIRF) has been launched to rank higher educational institutions in the country based on objective, verifiable criteria. The ranking system is expected to promote excellence in education in a competitive environment.
5 broad and 16 micro parameters are used to gauge the performance of an institution which are as following,
Teaching, Learning & Resources (TLR)
Student Strength including Doctoral Students (SS)
Faculty-student ratio with emphasis on permanent faculty (FSR)
Combined metric for Faculty with PhD (or equivalent) and Experience ....