Nalanda University Chancellor, Dr Amartya Sen has threatened to resign after the finance ministry raised pointed queries on the financial management of this mega revival plan.
Reportedly, the crisis, which has been simmering for a while, is believed to have turned ugly just before general elections are to be announced.
At the centre of this is a massive Rs 2,727 crore financial support package to the university to be given over a period of 12 years. The ministry’s Department of Expenditure has asked the Ministry of External Affairs, the nodal ministry for the project, the reasons why government rules should not apply to the project.
The provocation for the problem is the huge expenditure being incurred on maintaining the governing body of the university, known earlier as the Nalanda Mentor Group, as well as the tax-free salaries to the tune of $80,000 dollars per year to some of the top functionaries of the university.
Upset over these queries, Sen – who is part of the 12-member governing body – conveyed to the MEA at the highest levels that he would resign if such objections were not opposed and quashed.
He is believed to have given a similar message to the Prime Minister’s Office and the Planning Commission, reported Can India.
Source : http://www.indiaeducationreview.com/news/amartya-sen-threatens-resign-chancellor-nalanda-university/16219
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