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Government releases Rs 25.67bn for HEC

ISLAMABAD: The government on Friday released Rs 25.673 billion for development projects of the Higher Education Commission (HEC) for fiscal year 2014-15.
Last year, the government had allocated Rs 20.021 billion for the higher education. The development has taken place for the first time in the history of HEC since its inception in 2002 that the government has not only provided a significant amount but also enhanced its budget. A total of 91 projects have been completed in FY 2014-15, however 10 of these projects were completed due to the extra sum.
The exemplary step shows commitment of the government towards development of higher education in Pakistan.
The budget is being used for institutional facilities, introducing new disciplines in cutting edge and market-based technologies, developing human resource including faculty and infrastructure, improving research facilities and developing state-of-the-art development and financial aid model in universities across the country.
Keeping in view the standards and the cutthroat competition in international education sector, the Government of Pakistan and Higher Education Commission are working on a strategic plan to bring reforms in higher education.
The Planning and Development Division of HEC translates the vision of government into projects and programmes and makes them possible through development, funding and implementation of projects in these areas.
The division aims at providing guidance in integration of national policies and expectations so as to achieve the goals and objectives of government in higher education sector.

News reference: http://dailytimes.com.pk/national/04-Jul-2015/government-releases-rs-25-67bn-for-hec


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