It has been stated by the Minister for Federal Education Shafqat Mahmood that Rs. 29 billion will be released by the government for the development of universities under various programs.
While addressing the Vice-Chancellors’ Conference in Islamabad, Mahmood said that his ministry is making a plan to ensure that universities generate revenue on their own.
Chairman VCs’ Committee Dr. Muhammad Ali presided the meeting. It was attended by the Chairman HEC Tariq Banuri and the heads of all public and private universities. The meeting will highlight the academic, administrative, and financial issues that the higher education institutions in Pakistan are facing.
Mahmood said that the PM understands the situation that has been created due to financial constraints. Rs. 20 billion have been requested by HEC to help in easing difficulty. Already, Rs. 5 billion have been approved by the Finance Division. The issuance of Rs. 5 billion grants by the government for higher education institutions was appreciated.
As per the Minister, 50,000 scholarships will be given to the deserving candidates in the Undergraduate Scholarship Program in 1 year. Also, gradually the number of scholarships will also be increased. He said that VCs of universities have the responsibility to take Pakistan forward.
In order to improve higher education quality, intensive measures are required. The faculty must be qualified, and the curriculum must be current. Education should be relevant to ensure higher chances for employability.
Also, he stressed that urgent measures must be taken to prevent the Coronavirus (COVID-19) spread. He said that HEC has given guidelines for the safety of students.