Educational Institutions in India struggle for funds but Delhi University is caught in an unusual situation.DU had to return INR 108 crores to the University Grants Commission (UGC) for the simple reason that it wasn’t able to spend the sanctioned funds.
The university would still be left with more than INR 151 crores remaining with it which will lapse on 31st March 2017.
The university is left with only seven more days to decide projects where the funds can be utilized.During the years 2012 and 2017 amount totaling INR 300 crores was given to Delhi University to upgrade its existing infrastructure but out of this only INR 100 crores were utilized. INR 105 crores lapsed on the account of non utilization while the remaining INR 95 crores will lapse on 31st of this month.
Now and then we hear news about the deteriorating condition of the education system in India.On 22nd March UGC declared 23 fake universities existing in India.News like non utilization of funds will only make people loose their trust on the government universities.Moreover,the universities will loose their efficiency by working with the same old method and not updating the libraries and increasing burden on the current infrastructure.
Delhi University is now planning to spend crores of rupees in a haste and projects which weren’t really urgent might get funds because University has only a week to spend the lapsing funds.It’s an alarming news because many Delhi University colleges need urgent financial assistance to upgrade current infrastructure and improve facilities but University is planning to buy DDA flats worth INR 95 crores.
