National Institute of Technology Srinagar has been selected for the third phase of the World Bank assisted Technical Education Quality Improvement Programme (TEQIP-III).

The goals of TEQIP-III is, better academic standards, through accreditation, training faculty in better teaching methods, qualification up gradation, improved research outputs in institution. Also to incorporate better systems for assessment of student learning, through which to produce high quality engineers with better employability. The focus is to strengthen the UG/PG labs, so that students are ready to cater the needs of industry and increasing enrollment and starting new programmes. In addition, the project also supports to enhance the skills of technical and administrative staff. IIT Kharagpur has been selected as mentor institute to participate in twinning arrangements for knowledge transfer, exchange of experience, optimizing the use of resources and developing long-term strategic partnerships.