Tk 1,332.36cr for public universities
University Grants Commission (UGC) yesterday approved a budget of Tk 1,332.36 crore for 2011-2012 fiscal year for itself and the country's public universities.
Of the total, Tk 1,315.26 crore would be spent for the 35 public universities while the rest for UGC, says a press release.
The budget was approved at its 124th meeting with the full commission at UGC Bhaban with its Chairman Prof Dr AK Azad Chowdhury in the chair.
The meeting also approved the revised budget of Tk 1,270.78 crore for the universities and Tk 12.38 crore for UGC for 2010-2011 fiscal year.
Planning Commission Member Sahab Ullah; Bangabandhu Sheikh Mujib Medical University Vice Chancellor (VC) Prof Pran Gopal Dutta; National University VC Dr Qazi Shahidullah; Additional Secretary Finance Ministry Imdadul Haque; and UGC members were present.
Speaking on the occasion, Prof Azad said UGC would closely monitor all public and private universities but it would not be an alternative of proposed Accreditation Council.
He said UGC role would be strengthened to ensure quality education and make higher education timely and up to the international standard.
The meeting observed that public universities can take initiatives to logically and legally increase tuition and other fees of students to ensure quality education.
Some speakers opined that although quality of education in some private universities is encouraging, the admission and other fees are not in harmony with the country's middle and lower-middle class families.
The meeting suggested that private universities can fix their fees considering the socio-economic perspective of the country.
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