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  • TANA, TVU students meet S.M. Krishna

    HYDERABAD: A delegation of the Telugu Association of North America (TANA) along with 25 students of the Tri Valley University (TVU) met the Foreign Minister, S.M. Krishna in New York on Sunday and sought his help in safeguarding the academic interests of TVU students affected by the scandal.

    TANA Secretary, Mohan Nannapaneni and TANA members Vasu Chinna and Jai Kureti helped the students to meet the Foreign Minister where Nirupama Rao, Foreign Secretary of India and Prabhu Dayal, Consul General of India in New York were also present.

    Mr. Mohan said the Minister spent almost two hours as students explained the current situation in detail and the hardships they were facing as a result of the closure of TVU. He said the Minister was under the impression that the issue has been resolved. After patiently listening to all the students, he expressed concern at the continued uncertainty and assured the students that the Government of India would request the Department of Homeland Security to expedite the cases of the affected students.

    TVU students living in the New York, Connecticut, New Jersey, Pennsylvania, Maryland and surrounding areas were part of this meeting. Mr. Mohan said that TANA has requested the Minister to provide paid legal assistance to the students.

    Source : The Hindu

  • Fee reimbursement row ‘eases’

    HYDERABAD: Tension between college managements and state government on the fee reimbursement issue eased a bit on Sunday with a majority of the colleges agreeing to take loans to fund the education of students. College managements have communicated to the government that they would take bank loans (on the government’s counter guarantee) and pay the interest for the same. They, however, demanded that the government release the entire dues by mid-April.

    According to the new proposal put forward by the engineering college managements, the government would pay 50 per cent of the fund arrears within the coming week and the rest would be taken as loan from banks on government’s counter guarantee. The government would pay the banks directly.

    Engineering college management representatives on Sunday said that they were ready to take bank loans if the government agrees to pay back the money within a period of three months. “We do not want to put pressure on the government. We are willing to take bank loans and pay the interest for two months if the government agrees to release the funds by April second week,” said Ramesh Nimmatoori, chairman of the striking Consortium of Private Engineering and Professional College Managements’ Association.

    The government had asked the managements to wait for six months for the release of the entire amount under the scheme. “We cannot wait for so long as several colleges which had taken bank loans on 24 per cent interest have been issued eviction notices from banks,” Nimmatoori said.

    A meeting would be held on February 16 to convince the government to release funds by April.

    Meanwhile, the managements would also ask the affiliating universities to give them concession on the yearly development fee that is levied from them. “Each year we pay Rs 2,000 per student to the universities under various categories, including infrastructure development. But this year we are planning to ask the universities to allow us to pay just Rs 1,250 per student. This would cover the interest which the managements will have to pay the banks,” said a management representative.

    The colleges are also sceptical if the government would release 50 per cent of the funds immediately. “Officials had stated that they would pay 20 per cent of the funds immediately and the rest in instalments. We want 50 per cent of the funds now. Only then can the bank loan plan work,” said Nimmatoori.

    The managements will, however, not call off the strike till the government agrees to pay the nodal banks including SBI, SBH and Andhra Bank within two months.

    Source : TOI

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