Changing Pattern Of University Finances In India | Jandhyala B G Tilak & P Geetha Rani

The study presents an account of the changing pattern of finances of a few select universities in India after the economic reform policies were introduced. It examines source-wise flow of revenues into the universities and the pattern of spending in the universities, covering the period from 1990-91 to 1999-2000. There are wide variations between the various universities both in terms of relative importance of various sources of finances and the pattern of expenditure. The universities are compelled to decrease their reliance on government grants; and the decline is clear when we compare the trends over time and also between the periods, early 1990s and mid-and-late 1990s. The reliance of the central universities on government grants is the highest. But, in majority of the state universities, the dependence on government grants has declined. A similar pattern is observed in the case of fee income as well. In several state universities the hike in fee income is more pronounced than in central universities. Fee income forms more than 20 percent share in recurring income in later period in many state universities.