Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Both the comments above are true and moreover I think the title is misleading. It is true that many universities and not able to use the funds as the article says.
//“Most universities cite administrative issues like not having a vice-chancellor, or registrar or something similar. But another reason behind non-utilisation of funds is that state universities have to face a lot of political pressure from local bodies, when it comes to how funds should be utilised, especially in construction work. An MLA or councillor will want his company to get the construction tender, as another legislator will want the same. So the administration mostly just stops the work,” the official said.//
but that does not mean that there is no fund crunch. It is in fact severe. You can see that many Universities who are able to use it are using it to 100%, clear indication of fund crunch.
What is the total percentage of funds utilized?
What was the total funding as fraction of GDP over year?
The problem is the funding agencies including UGC do not release funds at the beginning of the year. Most often funds are sanctioned and/or released only by Feb or Mar and the Utilisation certificates have to be ready by March 31st. So the UC gets delayed which is then cited as a reason for non release of funds…
“The university has reported expenses to us, but they are not as per the guidelines of UGC, therefore we cannot update it for the university,” the official said.
Both the comments above are true and moreover I think the title is misleading. It is true that many universities and not able to use the funds as the article says.
//“Most universities cite administrative issues like not having a vice-chancellor, or registrar or something similar. But another reason behind non-utilisation of funds is that state universities have to face a lot of political pressure from local bodies, when it comes to how funds should be utilised, especially in construction work. An MLA or councillor will want his company to get the construction tender, as another legislator will want the same. So the administration mostly just stops the work,” the official said.//
but that does not mean that there is no fund crunch. It is in fact severe. You can see that many Universities who are able to use it are using it to 100%, clear indication of fund crunch.
What is the total percentage of funds utilized?
What was the total funding as fraction of GDP over year?
The problem is the funding agencies including UGC do not release funds at the beginning of the year. Most often funds are sanctioned and/or released only by Feb or Mar and the Utilisation certificates have to be ready by March 31st. So the UC gets delayed which is then cited as a reason for non release of funds…
“The university has reported expenses to us, but they are not as per the guidelines of UGC, therefore we cannot update it for the university,” the official said.
—— Thats the problem ——–guidelines of UGC