Education sector needs financial package for revival: PUCA

Education sector needs financial package for revival: PUCA

Agency News

Jalandhar, Sep 22 : A delegation of Punjab Unaided Colleges Association (PUCA) apprised Union Minister of State for Finance & Corporate Affairs Anurag Singh Thakur, at New Delhi about the financial problems being faced by small unaided colleges of the country.

PUCA President, Dr Anshu Kataria, met Anurag Singh Thakur here Sunday.
Kataria told Anurag that if the pending scholarships would not be disbursed then the colleges would be in the biggest ever financial trouble and would not be able to survive.

Kataria added that though education sector is the prime responsibility of the government and huge investment has been made by the Government on educational Institutions in the Country but still 90 per cent education is under private sector. Government is not looking at the problems being faced by these institutes as a result of which these are at the verge of closure. Kataria said this sector requires fresh impetus of reforms.

Mr Amit Sharma, Senior Vice President, PUCA said there is a delay of over three years in the disbursement of Centrally sponsored Post Matric Scholarship Scheme for SC & ST among others while the Unaided Colleges when doesn't pay their bank loan dues for three months, they are declared as NPAs and banks start taking legal action against the colleges/Trusts.

Sharma further said on the pattern of Auto industries, Food Processing industries, Pharma industries among others ,education sector also needs government's booster dose for its upliftment.(UNI)