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In second quarter, Delhi government allots Rs 100 crore to 12 DU institutions

The Delhi government has allotted a total budget of Rs 400 crore for these 12 institutions for the fiscal year 2024–2025, according to a statement released on Sunday.

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Namya KapurUpdated: 7/22/2024, 6:15:00 AM

The disbursement of Rs 100 crore for the second quarter of the fiscal year to support 12 Delhi University colleges has been approved by Atishi, the minister of education in Delhi.

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The Delhi government's financial commitment to these institutions is shown in this funding, which is the second installment.

According to a statement released on Sunday, the Delhi government has allotted a total budget of Rs 400 crore for these 12 institutions for the fiscal year 2024–2025.

The following colleges are among those that will profit from this funding:

Dr. Bhim Rao Ambedkar College; Keshav Mahavidyalaya; Maharaja Agrasen College; Maharishi Valmiki College; Aditi Mahavidyalaya; Bhagini Nivedita College; Bhaskaracharya College; Deen Dayal Upadhyaya College; Indira Gandhi Institute of Physical Education and Sports Sciences; Shaheed Rajguru College; Shaheed Sukhdev College of Business Studies.

The Delhi government emphasized that the budget for these colleges had "more than tripled" since the Kejriwal administration entered office, demonstrating the government's dedication to education.

"The Kejriwal administration has always placed the highest focus on education. Every year since taking office, the majority of the budget is allocated to education," Atishi said.

Atishi also emphasized that by founding three new universities and growing the ones that already existed, the government had made substantial strides in higher education in addition to concentrating on schooling.

The statement said that these Delhi University colleges, which are fully supported, are essential to the city's higher education system.

"Funding has increased significantly. The funding allotted for these colleges in 2014–15 was Rs 132 crores. In the current fiscal year, this amount has increased to around Rs 400 crores, according to the statement.

While acknowledging that the 12 institutions have recently been impacted by financial mismanagement, Atishi assured the Delhi government that it would take steps to prevent administrative blunders from harming instructors and students.

"The government is dedicated to the well-being of educators, making certain that they receive their pension and medical benefits on schedule in addition to their pay. The Delhi government consequently provided these colleges with Rs 100 crore in funding for the second quarter," she continued.

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The funding is allocated to 12 Delhi University colleges: Dr. Bhim Rao Ambedkar College, Keshav Mahavidyalaya, Maharaja Agrasen College, Maharishi Valmiki College, Aditi Mahavidyalaya, Bhagini Nivedita College, Bhaskaracharya College, Deen Dayal Upadhyaya College, Indira Gandhi Institute of Physical Education and Sports Sciences, Shaheed Rajguru College, and Shaheed Sukhdev College of Business Studies.

The Delhi government has allotted a total budget of Rs 400 crore for these 12 institutions for the fiscal year 2024–2025.

The budget for these colleges has more than tripled since the Kejriwal administration entered office. In 2014–15, the funding was Rs 132 crores, and it has increased to around Rs 400 crores in the current fiscal year.

Atishi assured that the Delhi government would take steps to prevent administrative blunders from harming instructors and students. The government is dedicated to ensuring timely payment of salaries, pensions, and medical benefits for educators.

The Delhi government has made substantial strides in higher education by founding three new universities and expanding existing ones. This is in addition to their focus on improving schooling and allocating a significant portion of the budget to education every year.

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