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Monday, June 16, 2014

Jun 16 2014 : The Times of India (Delhi)
Finmin seeks UGC reply on financial `mismanagement'
New Delhi:
TNN


The matter was taken up at a meeting of the commission on Friday.
Several members alleged lack of transparency on financial issues
The finance ministry has sought status of action taken by the University Grants Commission on the director general of audit (central expenditure) report that pointed out financial mismanagement and lack of transparent financial administrative system.On Friday, the matter was taken up in the meeting of the full commission. Several members alleged lack of transparency on financial issues. A few members alleged that news of grave financial importance was received from outside and never came to them in a routine manner. They also highlighted the controversy related to the chairperson’s retirement age and
fixation of pension. UGC said while it had responded to 14 paras of the audit report, more than 130 were still pending.“Even representatives of finance and HRD ministries said there was a need for greater financial discipline in UGC,” a member said, adding that finance ministry has decided to be more proactive on financial matters of UGC even if HRD ministry is not.
The full commission also dis
cussed a case of financial impropriety that has not been resolved for more than two years. The case pertains to one Baldeo PG College in Baragaon, Uttar Pradesh that received a cheque of Rs 40 lakh for construction of women’s hostel.The college had never sought that fund, so returned the cheque. In UGC, inquiries were made and till date both the voucher and the sanction letter for the amount has not been discovered.
Finally, an FIR was filed by UGC and some of its officials are in jail.
Police has not yet filed the chargesheet. In the meet, UGC said it has set up an enquiry committee within the organization to probe the matter.
set up an enquiry committee within the organization to probe the matter.