Himachal: Nauni university’s funding crunch

English Summary

The university’s financial position has steadily deteriorated over the past few years due to declining government support. While it had received around Rs 121 crore as grant-in-aid a few years ago, only Rs 109 crore has been approved for the current financial year. The allocation is Rs 11 crore lower than last year, placing additional strain on the institution’s finances.In view of the shrinking government support, the university management was advised to focus on generating its own resources.

Among the proposals discussed was the utilisation of nearly 520 hectares of vacant university land through the public-private partnership (PPP) mode.

मुख्य विवरण

मुख्य विवरण

The measure is expected to help the institution create sustainable revenue streams while reducing dependence on government grants.The university is also grappling with a mounting pension liability of nearly Rs 125 crore. The outstanding amount includes gratuity, leave encashment, arrears and other retirement-related dues that have accumulated over several years. Officials acknowledged that meeting these commitments has become increasingly difficult amid the financial constraints.Another major concern raised during the meeting was the acute shortage of faculty, technical and non-teaching staff.

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