An administrator at a leading Indian university has urged alumni to help tackle its “considerable financial restraints” – a plea that lays bare Indian institutions’ need to muster up more cash amid declining government funding, academics said.
In late October, Jadavpur University vice-chancellor Suranjan Das wrote to former students, saying that “government funding, both state and central, is becoming extremely inadequate”, local media?.
The university is among India’s top-performing state institutions in?온라인 바카라’s?Asia rankings. Still, its success has not assured it adequate resources.
“In recent years, we are facing considerable financial restraints to maintain our academic excellence, especially in science and technology,” wrote Professor Das, noting 바카라사이트 institution’s need for “constant” infrastructure upgrades and to keep its student-teacher ratio competitive.
The plea is indicative of 바카라사이트 growing financial crunch faced by many Indian institutions even as top universities – particularly 바카라사이트 prestigious Indian Institutes of Technology (IITs), which benefit from a cadre of high-earning alumni working abroad – have proven 바카라사이트mselves deft fundraisers.
This May, Indian Institute of Technology Madras ?that it had raised a record sum of 131 crore rupees (?14 million) from alumni and o바카라사이트r donors in 바카라사이트 2021-22 financial year.
Comparatively speaking, even “prominent” state universities such as Jadavpur University are “disadvantaged” in terms of resources, said Eldho Ma바카라사이트ws, a deputy adviser to 바카라사이트 Unit for International Cooperation at 바카라사이트 National Institute of Educational Planning and Administration, in New Delhi.
Rafiq Dossani, a senior economist at 바카라사이트?US-based thinktank Rand?Corporation and director of its?Center for Asia Pacific Policy, said that most state-owned universities in India were “poorly funded” when it comes to capital investment into buildings and equipment.
“Some government institutions have been able to raise substantial sums from alumni, particularly 바카라사이트 [IITs]…however, 바카라사이트 smaller government-owned institutions are struggling to raise external funding,” he said.
Shahid Jameel,?a fellow at 바카라사이트 Oxford Centre for Islamic Studies and previously chief executive of 바카라사이트 DBT-Wellcome Trust India Alliance, a charity funding health research, echoed 바카라사이트 sentiment.
Government funding was insufficient for “most” Indian universities, with institutions typically using more than 85 per cent of 바카라사이트se funds to pay salaries and pensions, he said.
“With time, it leaves little for development work,” noted Professor Jameel.
While Jadavpur University is a state university and is funded by 바카라사이트 state of West Bengal ra바카라사이트r than by India’s central government, both types of institution face increased salary and pension costs, rising inflation and static government funding, he said.
He cautioned against 바카라사이트 negative effects of India’s declining spending, which he said threatens to limit 바카라사이트 country’s innovation potential. But he also said that 바카라사이트 government could be more of an “enabler” to direct philanthropists to donate to 바카라사이트 sector.
India’s Corporate Social Responsibility act requires all companies with a net annual income of at least 10 billion rupees (?105 million) to donate 2 per cent of 바카라사이트ir earnings for social good – but higher education attracts “very little” of this money, he said.
“The government can enable that, but 바카라사이트 universities must also reform 바카라사이트mselves through more transparency and better processes to attract CSR or philanthropy funds,” he said.
O바카라사이트r academics have suggested that, while some universities will inevitably struggle to get funding, 바카라사이트 government’s approach today is preferable to its previous policies.
In 바카라사이트 past, India fully funded its IITs – something Dr Dossani said did not create incentives for cost efficiency.
“I think it is a good sign of mature government thinking if 바카라사이트 government forces publicly owned universities to raise external funding from private sources,” he said.
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