This story is from November 02, 2017
Jadavpur University faces massive financial crisis
NEW DELHI:
The reason?
The state government's failure to provide allotments to meet the university's salary expenditure, forcing it to pay out of its own pocket.
Despite the university's many letters to the state higher education and finance departments, the issue is yet to be resolved.
JU has already spent Rs 56 crore out of its own funds to manage its salary expenditure.
Sources say that if the issue persists, the authorities would have to arrange the required money from other avenues.
"We can arrange money for the next month. But if the problem continues, we may face salary issues," said one official.
"If this problem continues, then research work, infrastructure, etc will face massive problems. We will not allow this," said Jadavpur University Teachers' Association (JUTA) leader Parthpratim Ray.
This is not the first time the famed institution has faced such issues.
Last year, JU faced the same problem, due to an alleged "documentation error." But this year, the university stressed, the discrepancy is not the result of any such error.
"The higher education department asked us about some technical issues. We have already submitted the responses to all those queries," VC Suranjan Das said.
Instead, some sources blame the state government for the university's troubles.
The state government decided that allotments for salary expenditure will not be sent to the institutions' bank account, but instead to the institutions' account in the government treasury. The government would disburse the amount into that account after getting the bill from the institution.
However, JU had specifically asked the government to exclude it from the scheme. However, the higher education department is yet to decide the matter.
JU officials suspect that this may have caused the salary problem.
However, an official of
West Bengal
'sJadavpur University
(JU) has been battling great financial strain for some time now.The state government's failure to provide allotments to meet the university's salary expenditure, forcing it to pay out of its own pocket.
Despite the university's many letters to the state higher education and finance departments, the issue is yet to be resolved.
JU has already spent Rs 56 crore out of its own funds to manage its salary expenditure.
Sources say that if the issue persists, the authorities would have to arrange the required money from other avenues.
"We can arrange money for the next month. But if the problem continues, we may face salary issues," said one official.
This is not the first time the famed institution has faced such issues.
Last year, JU faced the same problem, due to an alleged "documentation error." But this year, the university stressed, the discrepancy is not the result of any such error.
"The higher education department asked us about some technical issues. We have already submitted the responses to all those queries," VC Suranjan Das said.
Instead, some sources blame the state government for the university's troubles.
The state government decided that allotments for salary expenditure will not be sent to the institutions' bank account, but instead to the institutions' account in the government treasury. The government would disburse the amount into that account after getting the bill from the institution.
However, JU had specifically asked the government to exclude it from the scheme. However, the higher education department is yet to decide the matter.
JU officials suspect that this may have caused the salary problem.
However, an official of
Bikash Bhavan
, the headquarters of the West Bengal education department, said that they have "some queries related to the documents submitted by JU."Top Comment
Suzy Mcguire
2580 days ago
The article speaks about a serious issue that needs to be looked after. But the comments being posted by these extremely ignorant people simply shows how inconsiderate they are towards an institution which has rightfully earned its rank among the top 60 universities in the world. It is because of these folk that the ill rumours about JU are being forwarded and more and more people are being misled into believing in them. Do your research and you''ll know why Jadavpur University still strives to excell in this highly competitive world in spite of so many difficulties.Read allPost comment
Popular from India
- 'EVMs fine when you win, tampered when you lose': SC rejects plea for reverting to ballots
- Bengaluru man kills lover in service apartment, spends a day smoking beside body before fleeing
- Eknath Shinde resigns, to act as caretaker Maharashtra chief minister
- 'Ek(nath) hain to safe hain': Shiv Sena leader tweaks PM Modi's slogan to pitch for Shinde as Maharashtra chief minister
- 'Should one party decide what case SC should hear?' Ex-CJI DY Chandrachud on Shiv Sena (UBT)'s 'blame' for Maharashtra election loss
end of article
Trending Stories
- IPL Auction 2025: Full and final list of sold and unsold players across all teams
- PBKS squad, IPL 2025: Punjab Kings final team and projected XI with full list of players and price tags after IPL mega auction
- KKR squad, IPL 2025: Kolkata Knight Riders final team and projected XI with full list of players and price tags after IPL mega auction
- RR squad, IPL 2025: Rajasthan Royals final team and projected XI with full list of players and price tags after IPL mega auction
- LSG squad, IPL 2025: Lucknow Super Giants final team and projected XI with full list of players and price tags after IPL mega auction
- GT squad, IPL 2025: Gujarat Titans final team and projected XI with full list of players and price tags after IPL mega auction
- DC squad, IPL 2025: Delhi Capitals final team and projected XI with full list of players and price tags after IPL mega auction
Visual Stories
- 10 ways to use pumpkin seeds
- 7 things that boys learn from their moms
- 10 Indian breakfast dishes loved across the world
- How to grow onion and garlic on your kitchen window
- Kid-friendly wildlife experiences in India
UP NEXT