News: UGC to stop funding management departments of universities

#Updates

UGC to stop funding management departments of universities

The University Grants Commission (UGC) has said it will immediately stop funding the management departments of universities plan to start or upgrade their facilities, Mint reported.

The University Grants Commission (UGC) has said it will immediately stop funding the management departments of universities plan to start or upgrade their facilities, Mint reported.

In a notice this month, posted on its website, the regulator has asked varsities to settle their grant accounts and dues incurred up to 31 May in this regard.

The UGC had started a scheme of development assistance to management departments in 2007, when there were 1,150 of them in the country, official data show, a number that has swelled to 3,700 in 2012.

Read the full report here

Topics: #Updates, Campus Recruitment

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