Private universities also want access to CSR funding
Last month, Finance Minister Nirmala Sitharaman announced an expansion of CSR norms, allowing the mandatory 2% contribution from companies to be spent on “public-funded universities, IITs [Indian Institutes of Technology], national laboratories” and government-funded research bodies, among others. However, private institutions were not included.
“We will consider a representation to the government on expanding the CSR norms to include private universities,” OP Jindal Global University Vice-Chancellor C Raj Kumar said on 14 October, making a pitch for more investment in higher education. “We also expect to engage with the government [on this issue] through the Empowered Expert Committee for Institutes of Eminence.”
Full report on The Hindu site