Hitting back at the Punjabi University authorities over their decision to handover a chunk of land on their campus to the Punjab government free of cost, Patiala (rural) MLA Brahm Mohindera on Sunday said the move would give a further blow financially to the university, which was already reeling under crunch financial situation.
Mohindera, who also had served as a senate member for the university, said though decision of the state government to open a school was welcomed, but the government should give adequate price against possession of university land.
The university has recently decided to give the possession of around six acres to the government without availing any compensation in exchange.
As demanded by the state government for opening of an adarsh school, the university has decided to donate around six acres to the government, the market price of which has been estimated to be over Rs. 100 crore.
Mohindera said:"The university is already reeling under fund crunch; in such a situation, the free land grant will deal a severe blow to its financial situation. "Though, the government will take the possession of the land, but it should pay at least market price of the land to the university authority that will enhance its fiscal condition."
He said the university was in dire need of finances for expansion of its premises, construction of new hostels and for expansion of new teaching and other departments.
He added that if the government really wanted to open a school, it had adequate space at its disposal at the urban estate developed by the Punjab Urban Planning and Development Authority (PUPDA) near the university.
"In urban estate, the land is already earmarked for schools and construction of school, in the area will help local residents to admit their wards," he said.
With an objective to provide better educational facilities, the Punjab government has decided to open six adarsh residential schools across the state - especially to the students with more than 80% marks in their matriculation examination. As soon as the school will come up, the government will hand it over to private firms.