DEEMED UNIVERSITIES TO FOCUS ON RATINGS AND FINANCES


Private universities aspiring to get deemed to be status and retain it for consecutive years will have to follow regulations by the UGC. 
As per the new regulations, instructions with as many as five departments that have NAAC accreditation of 3.1 consecutively for three years for two thirds of their eligible programs will get the deemed to be university status. 
Now, the HEIs would not have to wait for 20years to get the status. In addition to this, the account books will have to be maintained and operated in the name of deemed universitiy, to avoid financial irregularities. 

This decision by the UGC is progressive and will enable more universities to get deemed to be University status. In the the past many private universities failed to get the status and the status and had to suffer long waiting periods. The universities will have to focus on retaining the NAAC grade of 3.1 in three consecutive accreditation cycle and to fulfill these criteria, the universities would need to produce excellent graduates and decent infrastructure. 

The teaching learning outcome will get a qualitative boost in the HEIs across the country as they would focus upon achieving the desired level Of NAAC rating. 
S. Vaidyasubramaniam, vice chancellor, sastra University tamilnadu says,  The financial health of a deemed university is strictly regulated. For instance the books of accounts of a deemed university shall be maintained  ,managed and operated in the name of the deemed university alone and not in the name of sponsoring body or any other body for that matter. 

No diversion of funds from a deemed university account to that of any other body or entity is allowed. The same is true for the income and any other property of a deemed university. Strict norms are put in place for their financial management. 
Incasse of any deviation from the guidelines, the provision for penalties and even closure of the university have also been recommended. 
It is too early to evaluate it's possible impact, but it will surely bring transparency to the ecosystem. 


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