The Devi Ahilya Vishwavidyalaya (DAVV) may soon hike the fees for the students of its teaching departments in order to keep a check on the growing deficit. According to a report by the Free Press Journal, the varsity feels that its operational cost is growing day by day, whereas its income is steady. As a result of this, the university is running out of money. According to Ajay Verma, the registrar of Devi Ahilya Vishwavidyalaya, in the absence of an increase in the block grant by the government, the university will be forced to increase the course fee of its teaching department. He feels that the only way to stop the same is if the government increases block grant at least three times more.
According to the report, the DAVV currently receives Rs 6 crore annual grant from the government. Even the vice-chancellor of the university, Dr Narendra Dhakad has approached the government to double the grant that is given to the varsity with immediate effect.
While talking about the issue, vice chancellor Dhadak said that they have now decided to seek an annual grant of Rs 20 crore from the government. Dilip Verma, the DAVV finance controller talked about the budget of the university and said that it ranges between Rs 260 crore and Rs 270 crore, with an average defecit of Rs 10 crore. While talking about the solution, Verma said that their savings are dwindling fast in the last four years and they need to keep a check on their incomes and find ways of increasing the same.
It is because of the lack of expenses, and an increase in its expenditure, the university was unable to execute many of its plans that included recruitment of teachers of a total of 175 vacant teaching posts along with 200 non-teaching posts. The report adda that currently, the university spends Rs 71 crore on payment of salary of teaching and non-teaching staff and Rs 32 crore on maintenance of the university.