Although it has been two months since the erstwhile Bangalore University was trifurcated, the Bengaluru Central University (BCU) and Bengaluru North University (BNU) are yet to receive funds from the state government.
The state government had decided that Rs 15 crore will be transferred from BU to BCU, but it has not been done yet, reportedDeccan Herald.
The HIndu reported that this is because both the newly formed universities are yet to appoint their own heads of account. The report said that an appointed head of account was mandatory to receive state government funds and approve the budgets.
“We have submitted a proposal of Rs 185 crore to the government for the 2018-19 academic year. It may come up for discussion in the winter session of the legislature and it has been indicated to us that it may be announced in the state budget in February,” Vice-Chancellor of BNU, TD Kemparaju was quoted by the DH.
The Hindu report said that the BCU has now contemplated approaching corporates after failing to receive government funds.
Both the universities are still running on Rs 3 crore seed fund which was initially given to them by the parent university.
Other than the fund crunch, the Bengaluru North University is yet to get land for its new campus. Out of the total allotted land of 172 acres, it has only received 57 acres.
The Karnataka government had ordered the trifurcation of Bangalore University on June 30.
The parent BU will continue functioning from Jnanabharathi campus, while BCU will operate from Central College. The BNU will start functioning from a campus to be built at Amaravathi in Chikballapur district.
On July 17, 2015, the Karnataka Legislative Assembly had passed the Karnataka State Universities Act, 2000 (Karnataka Act 29 of 2001), to bring reforms in the governance and administration of the Bangalore University and improve academic quality by trifurcating it.