Private universities additionally need entry to CSR funding

INDIA

Some non-public universities might strategy the federal government of India to suggest that contributions to privately funded increased schooling be included throughout the ambit of company social accountability (CSR), writes Priscilla Jebaraj for The Hindu.

Last month, Finance Minister Nirmala Sitharaman introduced an enlargement of CSR norms, permitting the obligatory 2% contribution from firms to be spent on “public-funded universities, IITs [Indian Institutes of Technology], national laboratories” and government-funded analysis our bodies, amongst others. However, non-public establishments weren’t included.

“We will consider a representation to the government on expanding the CSR norms to include private universities,” OP Jindal Global University Vice-Chancellor C Raj Kumar stated on 14 October, making a pitch for extra funding in increased schooling. “We also expect to engage with the government [on this issue] through the Empowered Expert Committee for Institutes of Eminence.”
Full report on The Hindu site

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