Thursday, September 12, 2013

Panel to probe defunct RBI unit's functioning

 VADODARA: The syndicate members of M S University (MSU) on Friday constituted a four-member committee to probe the functioning of Reserve Bank of India's Endowment Unit in the last 10 years. The committee has been asked to submit its report within six weeks.

 The decision comes in the wake of embarrassment that the university faced last week after country's apex bank dragged the state university to an Ahmedabad court by filing a civil suit demanding recovery of Rs 97,63,000 for not appointing a RBI chair professor at the Department of Banking and Insurance in the Faculty of Commerce even as it had received Rs 50 lakh as corpus fund in 2002.

 While MSU vice-chancellor professor Yogesh Singh had already decided on Thursday that the university will stop all the expenses of the defunct RBI Endowment Unit and the Rs 10,000 per month that university's deputy registrar M M Beedkar was drawing as remuneration over and above his own salary from the defunct unit, the syndicate's decision will now create way for a detailed inquiry on mismanagement of the unit.

The four members of the committee are professor Ranjan Aiyer (convener), professor Aarti Nanavati, K S Agrawal and Tushar Vyas. During their meeting the members also cleared a proposal of signing MoU between university's Department of Archaeology and Ancient History and US-based Stone Age Institute subject to permission from Gujarat government. The syndicate members have given their approval for allocating land at Maharaja Pratapsinhrao Gaekwad Parisar (Donor's Plaza ground) for constructions of buildings of Department of Pharmacy and Institute of Policy Research and International Studies.

Proposals of research projects of Department of Biochemistry and Department of Applied Chemistry were approved by the syndicate members. Also, the members have decided to continue services of retired employees - P N Srivastava and Ashok Pandya - at the university press - for a period of another six months as a special case. MSU's syndicate members have regretted a request made by city-based Navrachana University for refund of the fees that the latter had paid for issue of no objection certificate for running courses in MSU's jurisdiction. 

BOX: Second committee to probe ragging allegations against teacher Vadodara: Another committee was formed to probe the allegations against a teacher, who is accused of ragging a first year student. After a first year student of Department of Architecture at Faculty of Technology and Engineering alleged last month that a teacher - Mayur Gupta - along with a group of senior students was involved in his ragging, MSU had formed a committee under professor R G Kothari to investigate the teacher's role. The Kothari committee, however, absolved the teacher for want of evidence.

The committee's report states that although the teacher might have used language that might have hurt somebody, there is no evidence of his involvement in the ragging episode. On Friday, the report was tabled before the syndicate members. The syndicate members, however, formed a three-member committee comprising Tushar Vyas, Dr Kamal Shah and Dr Hemant Mathur to further investigate Gupta's role.

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