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Data: DU's revenue from student fees doubled to over Rs 200 cr in last 5 yrs
Millennium Post Delhi
|October 22, 2024
FUNDS FROM UGC GRANTS HAVE LARGELY REMAINED UNDERUTILISED
NEW DELHI: Delhi University's revenue collection from student fees has more than doubled in the past five years, with over Rs 200 crore amassed in the previous fiscal year, even as funds from UGC grants have largely remained underutilised.
According to data shared by its finance department, the university's internal receipts (fund inflow), which mainly includes fees of students but also other items such as consultancy fees, stood at nearly Rs 100 crore in 2019-2020. The figure rose to over Rs 200 crore in the year 2023-24.
The varsity's grants from the University Grants Commission (UGC) over the 5 years have increased in absolute terms but there is a downward trend in the share of UGC grants in the total fund inflow (receipts).
In 2019-2020, DU received around Rs 600 crore from UGC and in 2023-2024 a little less than Rs 800 crore, data shows.
This story is from the October 22, 2024 edition of Millennium Post Delhi.
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