HEC calls meeting on budget cut
KARACHI: The Higher Education Commission has approached three key federal ministers to seek their support for the HEC's recent proposal not to cut the budget for higher education.
In this regard, a meeting of the Vice Chancellors Committee has been called today (Thursday). The minister for Finance, the minister for Federal Education and Professional Training and the minister for Planning, Development and Special Initiatives will attend the meeting.
The meeting will also be attended by vice chancellors of all public sector universities across the country. The Higher Education Commission’s recurring budget is being slashed to Rs 30 billion for the financial year 2022-23 from the current annual budget of Rs 65.250 billion.
According to reliable sources, the actual demand of the recurring budget is one hundred and four billion rupees to cater to the needs of 141 recognised public sector universities with 84 sub-campuses across Pakistan. All these public universities are mostly dependent on the HEC funding for the recurring budget which covers salaries, pensions and other non-development expenditure.
-
OpenAI Annualized Revenue Hits $25 Billion Milestone Amid Global Adoption Surge -
Billy Porter Claims He Came Back From The Dead Amid Sepsis Battle -
Harry Styles Hints He's Ready For Marriage And Family Life -
David Harbour’s Ex Faced Extreme Humiliation At Lily Allen’s Producer's Birthday Bash -
China Targets Tech Innovations Amid High Stakes Rivalry With US: Key Strategies Explained -
Pacers Vs Clippers: Kawhi Leonard Powers Clippers Past Pacers For Third Straight Win -
Scientists Build Tiny AI Brain Model Using Monkey Neurone Data -
Oil And Gas Price Spike Might Lead Countries To Seek Alternative -
China Grapples With Slowest Economic Growth In Decades Amid Global Pressures -
Jonathan Castagna Included In Flames’ Massive Trade That Sends MacKenzie Weegar To Utah -
Marlon Wayans Drops Bombshell Statement About 'cancel Culture' Ahaed Of 'Scary Movie 6' -
Steve Daines Will Not Seek Reelection As Trump Endorses Kurt Alme -
Khloe Kardashian Considering Having Third Child 'on Her Own' -
Nick Blankenburg Acquired By Avalanche From Predators In NHL Trade Deal -
Cardi B’s Ex Steffon Diggs Faces Major Setback Post Breakup -
Hornets Vs Celtics: Charlotte Earns Sixth Straight Win In 118-89 Victory