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IIF/2003/PR-JDA/ 8th December, 2003

UGC On Private Universies

Prof. J. D. Agarwal, Chairman & Director, Indian Institute of Finance, has welcomed the initiative taken by the UGC in respect of private universities. He has appreciated the decision of the UGC that the private universities established under the State act, shall operate ordinarily within the boundary of the state. He has also appreciated that after the development of main campus and five years of operations, a university may be permitted, in exceptional circumstances, to open up off campus centers and study centres. A university by the very word conveys a meaning to all the stake holders that has well developed infrastructure and adhere to certain minimum standards.

It is unfortunate that the private universities which mushroomed all over the country in the recent past are one room universities with absolutely no infrastructure - academic or physical, opined Prof. Agarwal. Prof. Agarwal strongly feels that education is a philanthropic activity and must be pursued by institutions of higher learning with that spirit. He also advocates that there should be a reasonableness in the fee structure and a vision to offer high quality education. Prof. Agarwal welcomed the UGC’s announcement to inspect and assess the private universities and indicate to them deficiencies. In case a university fails to rectify the deficiencies, the UGC has rightly decided to prohibit them from offering any graduate or postgraduate courses.

According to Prof. Agarwal, the UGC’s actions are timely and well framed.

Deepak Bansal
Press Secretary
Jyoti Foundation || Finance India || IIF Business School
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