Pune gets approval for two more Universities

According to news, the state cabinet approves the proposals for setting up of two more self-financed private universities in Pune.
Both new institutions are supposed to be established by the MIT and the Ajinkya D Y Patil groups. The institutions are expected to go functional from academic year 2014-15.
The move comes close on the heels of the government’s approval last month to two proposals for Amity University at Bhatan near Panvel and Spicer Adventist University in Pune.

The promoting of private self-financed universities forms a part of the state government’s strategy to increase private participation and ensuring greater access, excellence, inclusion and research in the field of higher education.
Earlier, On April 10, 2013, the state cabinet had approved the model guidelines for opening private universities, thereby allowing private organizations to set up a university on a no-profit, no-loss basis, along with any trust or society. These institutions will be offering degree, diploma and certificate programmes in a range of studies, including engineering, management, arts and humanities and social sciences.
During the last visit of Rajesh Tope, Minister of higher and technical education, he said that the government had received 22 proposals for setting up such private universities. With the response to that, Government is step by step clearing the proposals along with keeping following inspection of physical and academic infrastructure and other plans of these institutions in check.
While the proposals for Amity and Spicer were cleared by the state legislature on the final day of the monsoon session last month, the government will take the ordinance route to facilitate the commencement of the MIT and the Ajinkya D Y Patil universities.
Self-finance Universities face a minimum interference from the government. The government, this time also has adopted the same policy.
However, there will be a regulatory board to ensure standards of teaching, examination, research and protection of students’ interest and service conditions of employees. The fees will have to be approved by a panel headed by a retired high court or Supreme Court judge.
The private Universities will be led by a president and the other posts will be the dean, vice-chancellor, registrar and controller of examination.

Self-financed private universities-Snapshots

The state cabinet approved model guidelines to open private universities on April 10, 2013

These guideline allowed private organizations to set up a university on a no-profit, no-loss basis along with any trust or society
These institutions will offer degree, diploma and certificate programmes in areas like engineering, management, arts and humanities
The self-financed private universities will face minimum regulatory interference from the state
But a regulatory board will ensure that they maintain standards of teaching, examination, protection of students’ interest and service conditions of employees
The fees will have to be approved by a panel headed by a retired high court or Supreme Court judge

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