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Monday, Nov 18, 2019

Universities told to generate funds

Time for complete state funding of universities and colleges appears to be heading for its end. The higher educational institutes may have to look for generating its own resources to meet its finances, if the latest proposal of the Human Resource Development Ministry is considered.

india Updated: Feb 18, 2006 12:50 IST
Hindustantimes
         

Time for complete state funding of universities and colleges appears to be heading for its end. The higher educational institutes may have to look for generating its own resources to meet its finances, if the latest proposal of the Human Resource Development Ministry is considered.

The ministry has reportedly sought suggestions on its proposals to drastically cut down funding of state universities and colleges in the 11th five-year plan, starting from financial year 2007-08. The proposal does not include 18 Central Universities and autonomous colleges.

They will continue to get full support from the Central government, an official said. According to sources, the ministry has proposed reducing the number of state universities and state colleges from the Central funding list by almost one-third. Of the total 430 state universities, including deemed, the ministry has proposed to give grant to only 113 institutions.

In case of about 16,000 colleges, the ministry proposes to reduce the number by one-third gradually. A source said that funding would not be withdrawn in one go. But, the idea is to bring the Central government funding to zero into two-three years.

“Our funds will be available only for specific schemes for improving quality of education in these institutions,” he added. Instead, the ministry is suggesting that state governments and universities should generate their own resources to meet the demand.

Planning Commission has already told the ministry to ask universities to collect 20 per cent of the expenditure costs from fees from students.