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AICTE chief advises varsities to explore funding options

AICTE chief advises varsities to explore funding options

Indian higher education institutions should explore innovative funding options to meet future challenges, suggested All Indian Council for Technical Education (AICTE) Chairman Prof. Anil Dattatraya Sahasrabuddhe here on Thursday. He participated as chief guest in the South Zone Vice-Chancellor’s Conference which was organized by the Association of Indian Universities (AIU) hosted by the GITAM Deemed to be University. The conference was organized through the online mode considering the current pandemic situation.

While addressing the ViceChancellors present, he stated that instead of depending entirely on government funding, universities must create new funding options to augment revenues. He also suggested that universities should strengthen the university-industry partnerships and effective utilization of alumni networks to improve the financial status. Prof Sahasrabuddhe spoke about AICTE’s new initiative – – multilingual translation of the learning resources of various engineering subjects.

He stated that 42 percent of our engineering and medical students were expressing interest in learning subjects in their mother tongue. “Presently Swayam courses are being machine translated to provide quality content to engineering students, especially from the underprivileged sections who may be bright but lack fluency in English and suffer from inferiority complex. The translated works will empower them and provide a more enabling environment to pursue higher education,” Prof Sahasrabuddhe stated.

He said that to encourage a multidisciplinary approach AICTE is now permitting the education institutions for merging technical and non-technical colleges running under the same Trust/Society at various locations in the city. Association of Indian Universities (AIU) secretary-general Pankaj Mittal said that the Association was actively engaged with online workshops, teacher training programs and online placement training activities. She informed that AIU is preparing a document based on the suggestions and recommendations of the Vice-Chancellors on NEP-2020 to submit the same to the government.

AIU vice-president Col G Thiruvasagam, GITAM Deemed to be University ViceChancellor Prof K Sivaramakrishna and others participated in the discussions. During the conference, ViceChancellors suggested the removal of GST on education institutions, funding support on par with central universities, research funding support to private deemed universities.

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