Only six colleges submit audit reports

Indunnec

Editor

posted on 12 years ago — updated on 1 second ago

41
views

HYDERABAD: Many professional colleges particularly located in rural areas have not yet submitted their audit reports to the Admiss..

HYDERABAD: Many professional colleges particularly located in rural areas have not yet submitted their audit reports to the Admission and Fee Regulatory Committee (AFRC) of Andhra Pradesh, though the last date being just three days away.
Till Tuesday no college had submitted its report to AFRC, according to sources in the higher education department. The Consortium of Engineering and Professional College's Management Association of Andhra Pradesh (CEPCMA) and few other institutions individually filed special leave petitions in the Supreme Court requesting to consider hike in tuition fee in engineering and professional courses in the state as the fee being paid presently is not sufficient to run the colleges.They said they are paying salaries to the faculty members according to the AICTE norms and following state government guidelines to nonteaching staff.

The higher education department issued a notification on February 9 inviting the managements of engineering, architecture, pharmacy colleges to submit the audit reports of 200910, 201011 and actual income and expenditure of current financial year 201112 (up to January 2012) on or before February 17. But no college has so far submitted its report.

He said they have to maintain the same standards investing lot of money despite having few admissions this year.