The lack of permanent principal in the government colleges of Bihar has started showing on the financial management of the colleges. This has a direct impact on the development plans of the colleges. The situation is that the amount of 52 crores received for the development of colleges through RUSA (National Council of Higher Education) has not been spent. This directly affected the development of those colleges.
paid one crore as interest
Now a new twist has come in this matter. The Center has sought interest at the rate of seven per cent on the remaining amount. Being forced, Bihar Higher Education Council has paid more than one crore amount to the Center as interest. After payment of this amount, an amount of 52 crores has been allocated to the colleges once again.
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Suspicion about the amount recovered
According to experts, there is doubt whether this amount will be used again or not. On the other hand, the state government has formed a technical support group to prevent technical deficiencies in financial management. The experts of this group will work on the fund transfer mechanism. According to information, an amount of more than three hundred and fifty crore rupees was received till the year 2015-20 for all kinds of infrastructure development of higher educational institutions in Rusa One and Two. According to the information, funds are received from the center for the physical development of the colleges through RUSA.
Vice President said..
The experts of the council have done important work in the direction of financial management. The amount has been returned as per the demand of the Centre. After this I hope that RUSA 3 will start soon. There is a need to speed up the appointment of principals. So that the amount received for the development of colleges can be used on time.
Prof. Kameshwar Jha, Vice Chairman, Bihar State Council of Higher Education
