India must learn from Singapore and China. Both have built excellent educational institutions by providing funds on a no-questions-asked basis. The mandate is clear: the institutions must perform creditably in global rankings within a stipulated period. If results are not achieved, the head will be replaced. Thanks to this process, universities such as Tsinghua in China, the National University of Singapore and Singapore Management University are progressing fast. In India, MoE creates excellence just by renaming institutions.