Osmania University likely to lose Rashtriya Uchchatar Shiksha Abhiyan grant of Rs 107 crore

Hyderabad | Thursday | 17th October, 2019

Summary:

Express finds out that the university has not received a single rupee till now out of the Rs 107 crore funds under the Rashtriya Uchchatar Shiksha Abhiyan (RUSA) 2.0, though it has been more than a year since the university was selected for the award under this grant. The State might even lose out on utilising the funds, as the RUSA 2.0 grants are set to lapse by March 31, 2020. The university made a grand announcement last year that it was selected by the Ministry of Human Resources Development (MHRD) for a financial grant of Rs 107 crore under RUSA 2.0. The RUSA 2.0 guidelines mandate that 60 per cent of the grant amount sanctioned would be paid by the Central government and 40 per cent by the State. As a result, the funds under RUSA which can prove very useful for the university continues to remain unused.”.