Performance of University will decide their grants allocation

<p style="text-align: justify;">The Mumbai state government is now become more conscious about releasing the grants to the government colleges. Every year when the new fiscal year starts the government allocates grants to government universities for running their work and projects. The state government is planning to appoint a committee under governor K Sankaranarayanan to evaluate the performance of the universities and colleges in the state. According to this new proposed plan the grants will be allocated to the universities on the basis of their <img style="border: 3px solid black; margin: 3px 4px; float: right;" src="https://images.shiksha.com/mediadata/images/1270727933phpAsDUJ3.jpeg " alt="" width="114" height="141">performance indicators in the previous academic year.</p> <p style="text-align: justify;">&nbsp;</p> <p style="text-align: justify;">The criteria on which the performance will be rated include maintaining an updated curriculum, the number of qualified and regular teachers on roll, whether the university or college is accredited or re-accredited and their audited accounts submitted to the accountant general, among others.</p> <p style="text-align: justify;">&nbsp;</p> <p style="text-align: justify;">"Considering that key universities like Mumbai University are yet to renew their accreditation, such measures are required," said an academician.</p> <p style="text-align: justify;">&nbsp;</p> <p style="text-align: justify;">The state government has taken such initiative in keeping in mind that many universities failed to get their accreditation renewed and in most of the colleges 50% seats for professors are lying vacant. This is not all for the grey side of the colleges; some colleges do not maintain the accounts details and even failed to submit that to government on time. Paying attention to this situation the government has decided to create an appropriate policy and procedure for sanctioning the funds to the government colleges and government aided colleges.</p> <p><strong>Source: Manisha Verma (Team Shiksha)</strong></p> <p><strong>Date: 8th April, 2010</strong></p> <hr /> <p><span style="text-decoration: underline;"><strong>For further details about related courses and colleges please click below:</strong></span></p> <p><a href="https://arts.shiksha.com">Related courses and colleges</a></p> <p>&nbsp;</p>