UGC announces new funding norms for Universities

Create: 12/27/2011 - 14:23

The University Grants Commission has changed the norms for
approving funds for Indian Universities. The higher education regulator has
decided to do away with the inspection mode which often leads to delay in the
release of funds.

As per the new norms, any institution which applies for UGC
grant should get nod on the proposal by the institution’s executive council
(highest decision making body) as well as mandatory accreditation granted by
recognized agency like National Assessment and Accreditation Council (NAAC).

UGC chairperson Ved Prakash clearly stated that no funds
will be released if the concerned institution is not accredited, “Accreditation
has been made must.”

Once that is done, the UGC will allocate funds as per its
total money allocation for the 12th plan. No one from the UGC will visit the
institution to evaluate the proposal.

“Discontinuation of sending expert committee to assess
financial requirements will help the universities to prepare perspective plans
in a more democratic manner,” Prakash said.

The utilization of the funds would be tracked through self
disclosures and participation of students and faculty.

[Source: Hindustan Times]




Submitted by Anonymous (not verified) on

A most welcome democratic move, decolonizing the UGC from such slavish colonial practices

Submitted by Anonymous (not verified) on

Thia will be nice to see proper updating of systems by administration themselves.

Submitted by Anonymous (not verified) on

First of all I congratulate Dr.Ved Prakash,Honble Chairman of the Commission for providing an opportunity to Universities to asses thier financial requirement and perspective plan in democratic way.At the same time some powerful mechanism should be evolve, to moniter programmes which are suppose to implement by the Universities by the commission grant.

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