The University Grants Commission (UGC) has said that despite continuous increase in allocation of funds by the Centre to promote the higher education in the country, more funds are still required for which even the states need to contribute.
Speaking to the media at Phagwara near Jalandhar, UGC chairman Ved Parkash said that the state governments need to match the kind of grants being released by the Centre.
He also said the increasing number of students in higher education is leading to a crisis in the funds allocated to various states.
The UGC chairman, who was here yesterday to inaugurate the 89th All India University Conference at Lovely Professional University, lauded the effective role being played by private universities in higher education in India and abroad.
He encouraged the private and public sectors to join hands to promote higher education.
The Vice-Chancellors from top 200 international and national universities, officials from the HRD Ministry and heads of higher education apex bodies are participating in this three-day meet. Foreign delegates from UK, UAE, Germany, Australian High Commission and European Union are also participating in the meet.