The Maharashtra government has introduced an ordinance to regulate fee structure and admission processes of the unaided private colleges in the state.
The fees and admissions of all private technical, medical, agricultural and degree colleges in the state for academic session 2015-16 will be guided by ‘Maharashtra Unaided Private Professional Education Institutions (Regulation of Admission Fees) Act, 2015’. The Act was conceived about a decade earlier.
Higher and Technical Education Minister Vinod Tawde said that the state has passed an ordinance in this regard. He added that a panel will be set up under a retired high court judge, with a chartered accountant and a former vice-chancellor, among others, to devise a new structure and frame a set of new guidelines on the same.
The Act, which will give the state power to regulate college fees and restrict private institutions from conducting common entrance test (CET), will be applicable to all degree, technical, medical and agriculture colleges and varsities.
The state Government said that (ICWA) and a team of finance experts will study the financial status of colleges and finalize their fee structures accordingly. This structure will remain effective for next four years and could not be changed.
However, there will be no control over fees under the 15% management quota and the new Act will not be applicable to deemed universities and institutions like Indian Institute of Technology (IIT). Under the Act, the committee can lodge a complaint against an institution that provides false information and the directors of such institutions may face jail terms of up to two years, reported ToI.
With the government paying the fees of students admitted under reserved quota in medical and management colleges, the state is expected to save up to Rs 300 crore once the fee regulation Act is implemented, Tawde added.
The government will also form another committee that will control admissions to colleges. CET will only be conducted by the committee. No private player will be allowed to conduct separate CETs for admission. Colleges are bound to admit students on the basis of the government CET, the minister said.
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