Traditional universities finding it difficult to pay pensions to retired staff, says Karnataka Higher Education Minister

Key Points

1. M.C. Sudhakar, Minister for Higher Education, addressed the Legislative Council in Belagavi.
2. New universities have impacted the internal revenue of older universities.
3. Mysore University requires ₹115 crore annually for pensions.
4. Dharwad University requires ₹140 crore annually for pensions.
5. A Cabinet sub-committee, headed by D.K. Shivakumar, is studying the financial position of State universities.
6. The sub-committee will submit its report to the Cabinet soon.
7. The State government plans to take steps to strengthen the universities before the next Budget.
8. The issue was discussed during Zero Hour in the Legislative Council.