• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Sunday, June 7, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Agencies

Education budget cuts have resulted in financial crisis in universities

Published on: March 3, 2019 3:16 AM

Vice Chancellors (VC) and rectors of public sector universities said that they have been facing a financial emergency because of budget cuts in the past three years.

In a two-day huddle at the Higher Education Commission (HEC), university heads met to explore solutions to the financial crisis.

VC Committee Chairman Dr Masoom Yasinzai said that the recurring budget of the higher education sector is facing a shortfall of Rs 26.9 billion in the current financial year.

He expressed the hope that the current government, a known supporter of the education sector, would help universities come out of crisis.

Since the last three years, funding for universities has failed to keep up with growing enrolments. The crisis has been exacerbated because of legislated pay and pension increases and demands from newly established universities.

The quality of education has suffered as a result and universities are finding it impossible to meet pay and pension obligations.

VC Committee chairman says recurring budget of higher education sector is facing shortfall of Rs 26.9 billion

The VCs expressed their hope that government will restore university funding for the current fiscal year and ensure that the projected requirement of Rs 103.55 billion for the coming year is satisfactory. They also asked the government to ensure adequate funding for the development budget of universities.

Addressing the university heads, HEC Chairman Dr Tariq Banuri assured them that he will present their concerns to the highest levels of federal as well as provincial governments.

He said that HEC has set up a committee to review the budgetary formula for distribution of government funding to each university.

The chairman also advised the heads of universities to invest in the efficiency and transparency of university operations as well as in fundraising programmes.

He announced that HEC was preparing guidelines for a major fundraising drive for universities, which will culminate in an Education Week in December 2019. He asked universities to set a target of mobilising 20 percent of their revenue from non-government and non-tuition sources by 2022.

Other issues discussed at the meeting included the VCs’ vision of harnessing university resources for national objectives such as the promotion of national unity, development of knowledge economy and projection of the soft power of the country. Specific actions envisaged in this regard include student and faculty exchanges between different parts of the country, admission of students across provincial boundaries, attracting foreign students as well as faculty members to Pakistan and investing in the capacity of university faculty to undertake research on issues of national and international urgency. They asked HEC and the government to ensure removal of hurdles in this regard.

The chairman apprised the gathering of the importance of resolving complaints received through the Prime Minister’s Grievance Portal.

“We must ensure that there are zero escalated or super-escalated complaints,” he underlined.

Published in Daily Times, March 3rd 2019.

Filed Under: Islamabad

Submit a Comment




Primary Sidebar




Latest News

UoR earns NTC thumbs-up, sets new benchmarks in technology education

US weighs Iranian assets plan as Gulf tensions rise

Punjab shifts to digital land ownership system from July

Katie Price reaffirms support for husband amid relationship speculation

King Charles signals unity as royals gather at wedding

Pakistan

UoR earns NTC thumbs-up, sets new benchmarks in technology education

Punjab shifts to digital land ownership system from July

Bilawal calls urgent PPP meeting over AJK tensions

Punjab launches QR panic button system for transport safety upgrade

Punjab police deploys 5,000 personnel for Gilgit-Baltistan elections

More Posts from this Category

Business

Pakistan savings rate hits 30-year low raising economic concerns

PSX new IPOs deliver 47% average return, boosting investor confidence

Pakistan signs MoU with Saudi, local firms to develop Karachi maritime business district

Gold prices witness sharp decline

Gul Ahmed venture QGDC announces $230m investment to set up Pakistan’s largest data centre

More Posts from this Category

World

US weighs Iranian assets plan as Gulf tensions rise

King Charles signals unity as royals gather at wedding

Pakistan tells un Kashmir dispute remains unresolved integral issue

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.