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Fund crunch: JNU to sell properties, ask institutes to pay rent for regular income
The Morning Standard
|August 17, 2024
FACING a major financial crunch with little regular income, the Jawaharlal Nehru University (JNU) is planning to redevelop or sell off two of its main properties to a private entity to earn a steady revenue every month.
Gomti Guest house and 35 Feroz Shah Road, two properties owned by the JNU, are to be monetised by the university. Besides, the JNU has also planned to write to the education ministry asking the 12 national institutes built on its campus to pay rent.
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