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Tiwari Academy  /  Latest News  /  Delhi University proposes to take loan of over 1000 crore

Delhi University proposes to take loan of over 1000 crore

Delhi University proposes to take loan of over Rs 1,000 crore
Post Date: March 24, 2022

According to documents, Delhi University is looking at taking a loan of over Rs 1,000 crore from the Higher Education Grants Agency for infrastructure development and creation of capital assets. A proposal on loans from HEFA will come up for discussion at a meeting of the University Executive Council on 25 March. As per the agenda of the meeting, the university is planning to submit a proposal of Rs 1,075.41 crore to HEFA for infrastructure development and construction. capital asset.

SC, ST, OBC, PWD students will be adversely affected

A teacher’s body, Academics for Action and Development (AAD), said taking loans from HEFA would lead to a steep rise in fees in the future. AAD strongly opposes the proposal to take loan of about Rs 1,000 crore from HEFA for infrastructure development.

It is shifting to grant based loan-based education which will lead to huge increase in fees. Members of AAD Executive Council Will oppose the proposal. SC, ST, OBC, PWD students will be adversely affected in the upcoming Election Commission meeting.

Major infrastructure projects to be funded through HEFA

The education ministry has already stated that major infrastructure projects will be funded only through HEFA and no funds will be released as budgetary support.
The university said it has been getting very limited allocation for building capital assets for the past three to five years and has been unable to purchase laboratory equipment. It also cited the condition of the dilapidated buildings. As per the HEFA funding pattern, the university has to repay the loan in 20 half-yearly installment over 10 years.

Delhi University Academic Council approves admission to undergraduate courses

Delhi University Academic Council approves admission to undergraduate courses on the basis of CUET scores only:
Delhi University has already said that it will do away with the cut-off system for admission. UGC Chairman MJ Kumar on Monday said that CUET will be mandatory for admission to undergraduate courses in all 45 central universities and not for class 12 marks. However, there is a relaxation in keeping the minimum eligibility criteria of marks for admission in universities.

The Academic Council of Delhi University on Tuesday paved the way for admission to undergraduate courses on the basis of Common University Entrance Test (CUET) scores only from the 2025-26 academic session.

Merit will be calculated on the basis of combination of subjects

If the subject studied in class 12 is not mentioned in CUET, then the candidates will have to appear in the subject which is similar or closely related to the subject studied in class 12. The merit will be calculated on the basis of a combination of subjects in which a candidate has appeared in CUET, as mentioned in the programme-specific eligibility, – as per approved guidelines.

A candidate must appear in CUET

It is important to discuss whether the new system will provide such flexibility to institutions, – he said. Under the guidelines approved by DU, a candidate should appear in CUET only in those subjects in which he or she has passed class 12.
The recommendations were approved in the AC meeting on Tuesday. According to the dissenting members, admission to undergraduate courses through entrance test would mean complete erasure of classes 11 and 12.

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