Traditional universities finding it difficult to pay pensions to retired staff, says Karnataka Higher Education Minister

The summation successful the fig of caller universities successful caller years has impacted the interior gross of aged universities, said M.C. Sudhakar, Minister for Higher Education, successful the Legislative Council successful Belagavi connected Wednesday.

Answering subordinate Talwar Sabanna’s question connected the fiscal information of Gulbarga University, during Zero Hour, the Minister said that successful caller years, galore caller universities were acceptable up without considering the fiscal implications connected the aged ones.

Huge fiscal needs

Mysore University requires ₹115 crore annually to wide pensions. Similarly, Dharwad University required ₹140 crore for pensions. “After the caller universities were acceptable up, the fig of colleges affiliated to the aged universities came down, bringing down the interior resources,” the Minister said.

A Cabinet sub-committee, headed by Deputy Chief Minister D.K. Shivakumar, had been constituted to survey the fiscal presumption of State universities and marque recommendations. The committee had discussed the contented with the Finance Department officers and the assemblage officials. The committee would taxable its study to the Cabinet soon.

“Before the adjacent Budget, the State authorities volition instrumentality steps to fortify the universities,” the Minister promised.