UGC working on new college funding rules

UGC working on new college funding rules

PUBLISHED ON: OCT 10, 2019 14:44 IST

The University Grants Commission has initiated the revising the process which provides grants to colleges.  According to media sources, the UGC in one of its meetings decided that the methods which provide grants to colleges need to be revised in order to bring it at par with the contemporary requirements.

As per the draft which was circulated by the regulator it was decided that only those colleges which follow the UGC regulations for the different aspects and have a financial resource to run at least for a year will be eligible to receive grants from the UGC.

The college also must be permanently affiliated to a university according to the provisions of the UGC regulations and the university must certify that the college fulfills all the conditions required for granting a permanent affiliation as per the norms set by the UGC.

As per the draft by the UGC the commission will satisfy itself that the college has enough financial resources of its own to meet the expenditure of running the college for a year. Along with this another important requirement is that the college charges from the students only the fee prescribed by the authority at the central or state level and nothing extra or any kind of capitation fee,  unauthorized fee or indulge in any kind of profiteering.

It is the responsibility if the affiliating university to verify the details in the online application of the college for the correctness and upload the observations and recommendations on the portal within 90 days from the date of uploading the application by the college. In case any violations are found, the commission will bring the same to the notice of the college or the university and give them time to rectify the same. It was also added that in case the university or the college fails to make the necessary corrections even after getting the opportunity and time the UGC will take action which will include stopping the grants.

A senior official at the UGC stated that the commission has asked for feedback from its stakeholders on the UGC Fitness of College for Receiving Grants Rules, 2019 and after including those feedbacks the new rules will be put into motion.

Source : https://www.jagranjosh.com/news/