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Reading: Delhi Govt Releases Third Tranche of 100 Cr Fund for 12 DU Colleges
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fund for 12 DU colleges
DU Squad > News > Delhi Govt Releases Third Tranche of 100 Cr Fund for 12 DU Colleges
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Delhi Govt Releases Third Tranche of 100 Cr Fund for 12 DU Colleges

Delhi Govt releases the third tranche of ₹100 crore fund for 12 DU colleges, supporting essential infrastructure and academic improvements.

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Last updated: 2024/10/23 at 5:50 AM
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The Delhi government has set aside an extra Rs 100 crore to fund for 12 DU colleges that receive full state funding. Chief Minister Atishi’s permission was obtained for this financing, which is meant to help these institutions overcome their current financial challenges.

Officials have noted that the colleges have struggled with operational challenges due to a lack of funds, which has also led to disruptions in the payment of salaries and other benefits for faculty and staff. This new financial assistance aims to address these ongoing issues and ensure smoother functioning in the future.

The government sent their first fund for 12 DU colleges of ₹100 crore in April of last year, and then another instalment of the same amount in July of this year. This development is part of a larger battle between these colleges and the government. The government has insisted that an adequate constitution of governing bodies, based on regulations, is needed to release money. Teachers, on the other hand, have voiced their worries, claiming that the government is delaying payments and retaining earnings.

The recent funding increase is part of a broader fund for 12 DU colleges allocated around Rs 400 crore during the current financial year. According to a government statement, since the AAP government took office, the financial support for these institutions has seen a significant boost, tripling in amount.

In the financial year 2014-15, these colleges received an allocation of Rs 132 crore. This funding has now surged to nearly Rs 400 crore for the current fiscal year, highlighting the government’s commitment to enhancing educational support for these colleges.

Atishi claimed that education has continuously been a primary priority under the direction of previous Chief Minister Arvind Kejriwal. She emphasised that the state’s annual budget has gone mostly towards education since the Aam Aadmi Party became office.

Beyond primary and secondary education, the government has made major efforts in higher education as part of its commitment. This entails the growth of current institutions as well as the founding of three new ones. Atishi pointed out that funds for 12 DU colleges are essential to the advancement of higher education in the nation’s capital.
Allegations of financial mismanagement have been made against several institutions in recent years, raising questions about unpaid salaries and the suspension of staff and faculty health and pension benefits. The Delhi administration is giving teacher welfare top priority in response to these issues. To alleviate the advantages that have been delayed due to budgetary difficulties, the government declared that it would allocate ₹100 crore funds for 12 DU colleges in the third quarter alone.

VIA: Meenakshi Sharma
admin October 16, 2024
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