Sharnbasav University, the first private university to be established in the Hyderabad-Karnataka region, is all set to start functioning from the ensuing academic year, offering undergraduate and postgraduate courses in different disciplines here.
The private university is a dream project of Poojya Sharanbasvappa Appa, president of the Sharanabasaveshwar Vidya Vardak Sangh and the 8th peetathipathi of the Sharanabasaveshwar Samasthan.
The University has cleared all the hurdles of getting permissions and is awaiting the visit of a high-level team of State government officials to inspect the infrastructure facilities available.
Based on the findings of the high-level team, the State government would formally give a notification for the establishment of the private university and notify the courses which would be available for the students, which was only a formality.
The government has already given its green signal for using the 61 acres of agriculture land available on the outskirts of the city for the construction of the buildings to house the Sharnbasav University.
Dr. Sharanbasvappa Appa told The Hindu that the establishment of the private university was his dream. All out effort would be made to provide quality education at an affordable cost, which has been the hallmark of the educational institutions run by the Vidya Vardak Sangh.
Dr. Appa said as per the conditions imposed by the State government, a corpus fund of Rs. 10 crore would be kept in the joint account of the State government and the Vidya Vardak Sangha.
Another Rs. 5 crore as bank guarantee would also be provided. The State government would allow 25 per cent of the interest accrued from the Rs 10 crore deposited in the joint account for the development work of the university every year and the remaining 75 per cent would be added to a corpus fund. Dean of the Appa Institute of Engineering Technology Anilkumar Bidwe, who is closely involved in the work of establishing the University, said that all the unaided undergraduate and postgraduate courses offered in different educational institutions of the Vidya Vardak Sangh would be affiliated to the private university.
source: http://www.thehindu.com / The Hindu / Home> National> Karnataka / by T.V. Sivananadan/ Kalaburagi – December 01st, 2015