Funds to be raised from a clutch of sources, including education bonds, commercial borrowings and corporate houses.
Aadhaar-linked direct benefit transfer of scholarships to CSIR and UGC fellows was meant to eliminate delays in funds disbursal.
Source: University World News
An ambitious new funding initiative will replace annual grants for India’s top centrally-run higher education institutions with repayable loans.
Social sciences are in a perilous state in India because of declining government funding.
Source: Times of India
A recent clarion call to the Union Government aimed to increase funding for science and education in the upcoming budget.
Innovation in schools, mapping of learning outcomes and school assessments are expected to find mentions in the 2018 budget.
Source: Study International
“There are lots of things to worry about, but I will complete my education by working hard.”
Source: Live Mint
While the desired levels of research and internationalization of Indian campuses remain weak points, Indian higher education also suffers from a lack of funds and little focus on specialization.
Source: University World News
Thousands of students, scientists and supporters gathered in 30 Indian cities to support the country’s ‘March for Science’ earlier this month.
Source: Hindustan Times
For India to be on par with the scientific enterprise in developed nations, we have to have consistent funding for science.
Carleton University [CIEC Academic Member] President Roseann O’Reilly Runte writes in the Ottawa Citizen that “the ability to pursue one’s education makes Ontario and Canada special and offers hope and motivation to all. Thus, funding for accessibility must continue.” To this end, she offers suggestions for how Ontario might build upon the Strategic Mandate Agreements (SMAs) it approved for each university last year, setting measurable goals and accountabilities for universities while emphasizing collaboration. Rather than “destabilize the system at a time when resources are not abundant,” Ontario should introduce new funding for an “incentive program” that might require universities to find matching funds from the private sector in order to access new government money. Under this model, Runte says, “the province would double its investment” in higher education.
BC’s research universities have experienced the fastest growth rate in federal research funding, according to the Research Universities Council of British Columbia (RUCBC). RUCBC’s figures show that in 2012–13, BC universities attracted more than $700 M in research funding from outside the province and increased their per capita share of federal research grants by 148%, which is almost double the Canadian average. RUCBC Chair and [CIEC Member] Simon Fraser University President Andrew Petter said, “the fact that we’re seeing this level of growth and the fact that we are outperforming other jurisdictions I think is evidence that we’ve done a good job of hiring the best and the brightest.”
Prince Edward Island has released its latest budget, which Minster of Finance Allen Roach calls a “reality budget,” citing its “economic frugality.” The budget projects a deficit of just under $20M with less than 1% growth in program spending. However, the budget awards postsecondary institutions their first provincial funding increases since 2012. This money boosts University of PEI funding by 8% and Holland College funding by 2.5%. Much of the money for UPEI will go toward establishing a new school of engineering.