Results News - RTMNU Summer 2019 Results- Click Here..

Search Any Result / Job :

Friday, May 3, 2013

Over Rs 100 cr scholarship Amount Of Collages Pending


Over Rs 100 cr scholarship Amount Of Collages Pending



Sources disclosed thai over Rs 7 crorcof SC scholarship. Rs25.5 crore of SC freeship. Rs 19 crore of VJNT scholarship, Rs 4 crore of VJNT freeship. Rs 49 crorc of OBC scholarship, Rs 14 crore of OBC freeship and Rs 10 crore of SBC scholarship are pending. Social Justice Department has to pay 90 per cent of tuition fees/scholarship/freeship to institutions by June of every academic year before commencement of academic session. But this year, not a single penny is paid due to which many colleges are facing financial crunch. The dues with the Government vary from Rs 80 lakh to Rs 5 crore to be paid to colleges.
Barring a few big colleges, other colleges are facing closure. In fact, some of the colleges are planning to sell the colleges to big houses. This year no organisation applied for new engineering college or MBA college. Many of them applied for closure for some of the branches. Scholarship amount pending differs from college to college, but it ranges from almost Rs one crore to five crore. Every year. over 30 per cent seats in engineering colleges remain vacant.

No comments:

Post a Comment

Thanks For Visiting www.resultshub.net

Related Posts Plugin for WordPress, Blogger...

Google+ Followers..Join Now

Search Results, Jobs..