(1) The Fee Regulatory Committee shall
determine the fee or fees to be charged by a private aided or unaided professional
educational institution affiliated to an University taking into consideration the factors,
such as,-
(a) the location of the professional educational institution;
(b) the nature of professional course;
(c) the available infrastructure;
(d) the expenditure on administration and maintenance;
(e) a reasonable surplus required for the growth and development of the
institution
(f) any other factors as the Committee may deem fit.
(2) No professional educational institution shall collect any fee by whatever name
or form called from the candidate for admission to professional educational courses over
and above the fee determined by the Fee Regulatory Committee and the fee prescribed
by the university concerned.
(3) The Fee Regulatory Committee may determine different fees in respect of
different courses of professional education being offered at different institutions
depending upon the facilities available and for this purpose it may place similarly placed
institutions in broad groups:
Provided that the Fee Regulatory Committee may allow a professional
educational institution to collect a higher rate of fee from the Non-Resident Indian
student for admission. The State Government may prescribe the minimum fee to be
collected from the non-resident Indian student and the higher fee so collected over and
above the fee determined for other students in that institution shall be utilized for
providing concession in fee to candidates belonging to the Scheduled Castes, the
Scheduled Tribes and Other Backward Classes.
(4) Any complaint of collecting of capitation fee or fee in excess of the fee
determined or profiteering by any institution shall be inquired into by the Fee Regulatory
Committee which shall, after obtaining the evidence and the explanation of the
management concerned, forward appropriate recommendations to the concerned
university or the State Government for necessary action. On such recommendation, the
State Government may direct the concerned university to levy and collect a fine upto
rupees ten lakhs on the management of such professional educational institution and it
shall be lawful for the university to levy such fine. The university shall not approve all or
any of the admissions made to such institutions in contravention of the provisions of this
Act or may withdraw recognition or affiliation to such institution under intimation to the
State Government:
The Indian stock market witnessed a significant downturn today, leaving investors and market participants concerned about the underlying causes and potential implications. The benchmark indices, Sensex and Nifty, both closed in the red, reflecting widespread selling pressure across sectors. In this blog, we’ll delve into the reasons behind today’s market fall, its broader implications, and what investors should consider in the coming days. What Happened in the Market Today? The Indian stock market opened on a weak note and continued to decline throughout the trading session. The Sensex dropped by over 800 points (approximately 1.5%), while the Nifty fell by around 250 points (1.4%). Mid-cap and small-cap indices also saw sharp declines, underperforming the broader market. Key sectors such as banking, IT, and metals were among the worst hit, with heavyweights like HDFC Bank, Infosys, and Tata Steel leading the losses. Key Reasons Behind the Market Fall Global Market Weakness The I...
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