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PUCA Urges Centre Government to release Punjab’s share of PMS Funds

Date:

Mohali May 03, 2018: Punjab Unaided Colleges Association (PUCA) urged Centre Government to release the share of Punjab of Post Matric Scholarship (PMS) so that SC students could continue with their studies. A meeting of office bearers of PUCA under the leadership of President Dr. Anshu Kataria was held recently to express the concern over non release of Scholarship.

Amit Sharma, Senior Vice President, PUCA while speaking said that around 32% of the entire population belongs to the SC in Punjab and around 9 lac SC Students are studying under the PMS Scheme.

Gurfateh Singh Gill, Vice President, PUCA said that a total of Rs 1,673.24 Crore is due towards the Centre Government out of which for the year 2015-2016 a sum of Rs 328.72 crore and for the year 2016-2017 Rs 719.52 crore and for the Year 2017-18 Rs 625 Crore is due towards the Centre Government.

CA, Manmohan Garg, Finance Secretary, PUCA said that due to the non release of PMS funds, more than hundreds of good colleges accounts have been declared as Non Performing Assets (NPA) and banks have started the process for proceedings for taking possession and Auction.

Gurpreet Singh, General Secretary, PUCA said that  how a College can offer free studies to a student when Government has not released funds for last 2-3 years.

Source: http://www.babushahi.com

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