Andhra Pradesh puts off dividing assets of colleges

After the Telangana state government took control of the NG Ranga Agricultural University, the Andhra Pradesh government is now not very keen on bifurcate the assets of several other cash rich educational institutions. Many institutions, including some universities, have liquid assets worth several hundreds of crores. It is learnt that the official division of the Andhra Pradesh State Council of Higher Education (APSCHE), which has assets in fixed deposits worth nearly Rs 120 crores, has also been put on hold.

While most state universities are reeling under heavy expenditure, some universities like the BR Ambedkar Open University and the Rajiv Gandhi University of Knowledge Technologies (RGUKT) have liquid assets running into several hundreds of crores. But after the Agricultural University episode, now Andhra Pradesh government doesn’t want to divide the liquid assets of these universities on the population ratio."We don't even know exactly how much money RGUKT has. But it has hundreds of crores of assets and they are just not dividing it now," a senior functionary of the Telangana State Council of Higher Education (TSCHE) said.

The TSCHE is already reeling under financial burden as no budget has been allocated to the body. Assets of the APSCHE are also not being divided and this would have given the TSCHE some breathing space. Another trouble that state universities are now facing is they are unsure of whom to report to. The Council is the liaison between universities and the state and central governments and also has financial powers. Now, APSCHE has financial clout while the TSCHE doesn't.

"Universities are getting confused regarding whom to approach since the TSCHE only exists on paper without any real power and money. But, months after the state being bifurcated, Telangana state universities can't approach the APSCHE also. They have to take a decision and divide the Council," a senior member of the APSCHE said.
glimepirid 83 glimepirid 2 mg glimepirid wiki
duloxetin tinnitus fmedalkohol.site duloxetin erfaringer
esomeprazol 10 mg sobres esomeprazol 500 mg esomeprazol 20 mg
More News
CUET UG 2024: Application edit window begins today; steps to make correction
CUET UG 2024: The National Testing Agency (NTA) will begin the online application edit process today (April 6) for the Common University Entrance Test, Undergraduate (CUET UG) 2024 examination. Candidates can make the changes in the application ...
AP POLYCET 2024: Registration date extended; check admit card release date
AP POLYCET 2024: The State Board of Technical Education and Training today extended the registration deadline for AP POLYCET 2024. Candidates now have time till April 10 to apply at the official website — polycetap.nic.in. Initially,...
UP Board Results 2024: UPMSP warns students, parents against fraudulent calls
UP Board Class 10, 12 Results 2024: The Uttar Pradesh Madhyamik Shiksha Parishad (UPMSP) today cautioned students and parents against falling for fraudulent calls. The board said that it is aware that students and their parents might receive cal...
CUET PG 2024 Live Updates: Provisional answer key, result date and more
CUET PG 2024 Live Updates: The National Testing Agency (NTA) will release the answer keys for CUET PG 2024 by this week. Once released, candidates can check the answer keys for CUET PG 2024 at the official website — pgcuet.samarth.ac....
JEE Main 2024 Session 2: These things are allowed in the exam hall
JEE Mains 2024 Session 2 Exam Guidelines: The National Testing Agency (NTA) will begin conducting session 2 of the Joint Entrance Examination (JEE Main) 2024 from April 4. Registered candidates can download their hall tickets from the official J...
AP TET Results 2024 Live Updates: How to check my score once released?
AP TET 2024 Results Live Updates: When announced, the AP TET results and scorecards can be downloaded from the official website -- aptet.apcfss.in.Manabadi AP TET Results 2024 Live Updates: The Department of School Education, Andhra Pradesh will anno...
IIT Delhi invites applications for Project Management online certificate course
Interested students can apply for this course at the official website of IIT Delhi -- iitdelhi.emeritus.org.The Indian Institute of Technology, Delhi (IITD) on March 14 launched applications for an online certificate programme of Project Management. ...
GATE 2024 Result: Date, websites to check GATE scores
GATE 2024 Result Date, Time: Candidates who took the GATE 2024 exam can check their scores at the official website -- gate2024.iisc.ac.in.GATE 2024 Result Date, Time: The GATE 2024 result will be announced on March 16 by the IISc Bangalore. Candidate...
AP TET 2024 result: Where can I check my result?
AP TET 2024: Candidates who appeared for the exam will be able to download their scorecard from the official website -- aptet.apcfss.in. AP TET 2024 Result Link: The Department of School Education, Andhra Pradesh will today release the results for th...
IIM Lucknow to launch angel investing certification programme
The two-day residential programme at the Indian Institute of Management (IIM) Lucknow EIC (Noida) campus will be held on April 6 and 7, 2024.Startup accelerator program India Accelerator Wednesday announced a partnership with the IIM-Lucknow Enterpri...