THE VARSITY is richer by Rs 1 crore. The cost of each admission form was Rs 260. This puts the amount to Rs 90,03,800, calculating by the total number of forms deposited.
Unfortunately, LU would not be able to retain the money as the would end up most of in paying honorarium to teachers engaged in the admission and counseling related work. The committee constituted to look into the matter has already recommended that uniform payment be made to teachers engaged in the admission work.
In fact, the teachers’ body was pressing for 25 pc hike in remuneration. But, the committee has not recommended it.