State funding for pension expenditure of universities hiked to 70%, says Minister

Minister for Higher Education M.C. Sudhakar has said that to code the contented of rising pension liabilities connected State universities, the State authorities has accrued its backing enactment towards pension to 70% from 50%.

Speaking astatine the 75th yearly convocation of Karnatak University successful Dharwad connected Thursday, Dr. Sudhakar said that to alteration the load connected the assemblage a revised statement has been made nether which the State authorities volition carnivore 70% of the pension expenditure and the universities volition person to mobilise the remaining 30% done interior resources.