In the Himachal Pradesh Assembly, four Bills for amendments in the Private Universities Act were introduced. It also paves the way for enhancing the minimum period for a university to be functional before it could be dissolved from 25 to 40 years.
Chief Minister Virbhadra Singh introduced Sri Sai University (Establishment and Regulation) Amendment Bill, Eternal University (Establishment and Regulation) Amendment Bill, Chitkara University (Establishment and Regulation) Amendment Bill and Institute of Chartered Financial Analysts of India University (Establishment and Regulation) Amendment Bill.
While in the opposition, the Congress had said it would bring in amendments in the Act on being voted to power so that no university could be closed before 40 years as 25 years was not long enough a period to serve the interests of students in the state.
The amendment in Section 41 of the Acts of the four universities is being done to ensure that every private university remains functional at least 40 years before it can be dissolved. As per the Act, the sponsoring body of a university or its establishment can dissolve it on the completion of 25 years.
