Telangana sees gold mine in college owners quota
Hyderabad: The Telangana government is mulling measures to get a grip on management quota seats in private engineering and medical colleges.
It is an open secret that management quota are sold for astronomical ‘donations’ though the same government fixed fees is collected as the annual fees.
Crores of rupees in such unaccounted ‘donation’ money go into the pockets of promoters of private colleges annually. Top engineering and medical colleges have not even been heeding the requests from cabinet ministers.
But what irked government functionaries is that despite being in power, they are unable to book seats in premier institutions for themselves and mostly their associates without paying the ‘donation.’
Top engineering and medical colleges do not heed requests from cabinet ministers in the TRS government.
Donations are a pre-requisite to admission in medical and engineering colleges through the management quota.
Fees for such seats is fixed by the government on the recommendations of the Admissions and Fee Regulatory Committee but colleges unofficially charge ‘donation’ money to get the seat first.
As per Telangana Affiliated Engineering Colleges Teachers’ Association president, Prof. P Ramakrishna Reddy’s charge, in Chaitanya Bharathi Institute of Technology and sister college MGIT alone, about Rs 400 crore have been pocketed in the last 10 years.
The situation in medical colleges is even worse. With nearly a thousand seats in management quota of private medical colleges, the illegal ‘donation’ earning could be nearly Rs 500 crore annually.