a day ago
Short of funds, VNSGU leases out ground without tender
Surat: Veer Narmad South Gujarat University (VNSGU) has leased out its 14.72-acre ground for Rs 62.50 lakh to a private entertainment group to organize garbas for ten days this Navratri.
The university said it made this decision owing to a shortfall of funds and aimed to generate revenue from its properties. VNSGU implemented a policy that permits leasing the ground for garbas without tenders.
VNSGU vice-chancellor Dr Kishorsinh Chavda told TOI, "We have 600 non-teaching and 120 contracted teaching and temporary staff whom we pay from our own funds. As govt does not pay their salaries, we must look for alternative revenue.
We cannot raise fees to meet these expenses. The price of labour has also doubled, and we now pay labourers Rs 500 a day. Water, electricity, security and housekeeping expenses have also increased manyfold.
We thought about leasing our properties. We framed a standard operating procedure based on which we gave the contract to the first person who came forward. We may go for tenders to lease out the ground from next year."
by Taboola
by Taboola
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Under the agreement, the 14.72-acre ground opposite the VNSGU main building has been leased to Yashwi Entertainment Group for Rs 2.5 lakh per day for 10 days (Rs 25 lakh) for Navratri garbas. Additionally, Rs 37.50 lakh has been charged for the pre-Navratri days for preparation.
Chavda added that the govt does not give universities funds for maintenance and other expenses, compelling them to create their own revenue streams to cover these. "We will ensure that our students in hostels are not disturbed through such events," said Chavda.