The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| E-Paper
Search
+

    India Inc, invest in JNU's HR-R&D

    Synopsis

    Sponsoring university hostel stay could be your contribution to better education.

    ThinkStock Photos
    For many, despite stipends and scholarships, such a hike could make their scholarly pursuits ‘too much of a luxury’ to continue.
    JNU authorities have accommodated the demands of its students who were protesting against a proposed hostel fee hike. Sure, the increase may seem piddly to us — that, too, an increase after 19 years.

    The security deposit is Rs 5,500, a monthly fee of Rs 20 and Rs 10 for a single- and double-occupancy room respectively. The corresponding amounts proposed were Rs 12,000, Rs 600 and Rs 200. A new maintenance charge of Rs 1,700, also junked, was planned too. Yes, a monthly Rs 2,280/1,890 hike, even with an extra (refundable) Rs 6,500 deposit, hardly seems daunting.

    If you’re a corporate entity, or a high-net-worth individual (HNWI) JNU alumnus, you’re right. So, if you were delighted when Abhijit ‘Nobel’ Banerjee lauded his ‘JNU years’, describing the institution as how it taught him “what India was all about”, surely, you’d consider sponsoring campus accommodation for cash-strapped students?

    A hike is justified, considering rising prices, shrinking revenues and no campus kamadhenu in sight. But also justified are the students, about 40% of whom come from families with a monthly income less than Rs 12,000.

    For many, despite stipends and scholarships, such a hike could make their scholarly pursuits ‘too much of a luxury’ to continue. So, JNU’s wellwishers — and of higher education in general — could sponsor university hostels as HR-R&D investment!

    Money And Passion: What Bill Gates, Mukesh Ambani And Other Billionaires Spend On

    Autoplay
    1 of 6

    What Big Money Buys

    Billionaire Bill Gates revealed his two biggest indulgences in a talk show recently – a Porsche and a private plane. A look at other billionaires and their big money buys:

    The Economic Times