The Institute has a unique mandate as it operates broadly speaking in two major directions; firstly, as a financial support system for academic and research programmes in terms of different fellowships by both the governments. Faculty and Student Mobility programme funded by Government of India is a new addition to this list. Secondly, as a bi-national network of leading academic institutions, as knowledge partners in generating linkages and collaborations that transcend the traditional system of cooperation.
The Institute prepares a comprehensive annual report every year on its activities and accomplishments:
The Institute is governed by a bi-national Executive Council, having six (6) Members-at-Large from Canadian and Indian Member Institutions as well as representatives from the Government of India and Government of Canada, headed by the president. The presidents alternate between Canada and India.