UGC warns Yuvaraja’s College in Mysuru over Rs 1.5 crore fund misuse

The University Grants Commission has issued a final warning to Yuvaraja’s College in Mysuru for failing to submit the utilisation certificate of Rs 1.5 crore released under the 'College with Potential for Excellence' scheme between 2010 and 2015. The UGC sent the notice on August 12, stating that despite repeated reminders, the college has not provided fund utilisation details, proceedings of the advisory committee meeting, or other mandatory documents. The scheme has since ended.

The UGC has warned that if the college fails to furnish the details now, it will have to repay the entire amount with interest for the years of non-compliance. Meanwhile, sources from the University of Mysore told Deccan Herald that the college authorities had allegedly misused the funds, which is why they avoided submitting the certificate. "Does it need 10 years for any college to submit the documents, if they have used the funds properly?" they asked.