The extreme degree of centralisation in the UGC system that has grown 60-fold since 1950 has had negative effects on the quality of higher education in India.
India is the top-ranked economy in South Asia, 3rd among BRICS countries, and has improved in infrastructure, higher education, and labour market efficiency.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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