12 New Delhi: Any university or higher education institution established without approval of Central or state govt would face a penalty of at least Rs 2 crore and immediate closure, as per the new higher education bill — Viksit Bharat Adhishthan Bill — which is likely to be introduced in Lok Sabha on Monday.The bill circulated to MPs on Sunday also proposes that higher education institutions will be required to disclose financial details, audits, infrastructure, faculty information, courses, outcomes and accreditation status on a public portal maintained by the regulatory council as well as on their own websites. The disclosed data will form the basis for accreditation and regulatory oversight.TOI has learnt that govt is also likely to introduce a bill to replace the rural employment guarantee law, MGNREGA, on Monday. Sources said that though the Cabinet had last week approved the Pujya Bapu Gramin Rozgar Guarantee Bill, the acronym of the bill may be changed when it’s introduced in the House. The Bill proposes to guarantee 125 workdays per household as against 100 provided under the present law and would focus more on creating tangible assets in rural areas.As per the proposed Viksit Bharat Adhishthan Bill, there would be a common regulator for higher education, including universities, IITs and IIMs — Viksit Bharat Shiksha Viniyaman Parishad — having 14 members headed by a president. Its mandate would be to ensure coordination, maintenance of standards, and compliance with regulatory provisions across universities and higher educational institutions.The regulatory council will promote a “light but tight” regulatory approach, emphasising transparency, accountability & autonomy.The bill proposes to empower the regulatory council to take corrective action within 60 days in cases of misrepresentation, financial impropriety or administrative lapses. End of ArticleFollow Us On Social MediaVideosBihar Minister Nitin Nabin Appointed National Working President Of BJP‘Amit Shah’s Hands Were Shaking’: Rahul Gandhi Hits Out At BJP-RSS, Warns EC In ‘Vote Chori’ Rally‘Didn’t Go For Son’s Operation’: Kharge Lauds Rahul Gandhi In ‘Vote Chori’ Rally, Calls BJP ‘Gaddar’Messi Kolkata Event Chaos: Organiser Satadru Dutta Denied Bail, Sent To 14-Day Police CustodyVIPs First, Fans Later: Messi’s Kolkata Tour Flop Exposes Misplaced PrioritiesRahul Gandhi Posts Video With Messi During Hyderabad GOAT India Tour StopTharoor Warns India Faces Growing Anti-Migrant Sentiment, Says “It’s Not Just In The West”Bhutia hits out at VIP culture, says Messi Kolkata chaos tarnishes India’s imageRam Temple Trust Prepares For Massive Pilgrim Rush As Ayodhya Eyes Kumbh-Scale CrowdsAssam CM Himanta Biswa Sarma Slams VIP Culture After Messi Event Chaos in West Bengal123Photostories‘Yeh Un Dinon Ki Baat Hai’ to ‘Kya Mast Hai Life’: Television shows that gave friendship goalsThought of the day for kid: “Great things never come from comfort zones”Boiled potato vs fried potato: How does cooking style impact blood sugar levelsLavanya Tripathi birthday special: Her best fashion momentsThis is how chia seeds impact blood pressure: 5 facts to know before consuming themFrom ‘Fa9la’ to ‘Eena Meena Deeka’: When Indian audiences went crazy for unconventional lyricsNewlyweds Sara Khan and Krish Pathak’s gorgeous snaps from their honeymoon10 major currencies in the world every traveller should know aboutChef Sanjeev Kapoor’s must-try air fryer recipes this winterLuna to Mochi: Adorable dog names trending right now123Hot PicksMukesh Ambani vs Gautam AdaniDonald TrumpAnurag ThakurGold rate todaySilver rate todayPublic Holidays NovemberBank Holidays NovemberTop TrendingDelhi SchoolJohn CenaMessi Kolkata EventKyle TuckerMLB Trade RumorsBoston Red SoxDelhi AQIKVS Recruitment 2025Messi Event Organiser Satadru DuttaWho is Paige Shiver
New Delhi: Any university or higher education institution established without approval of Central or state govt would face a penalty of at least Rs 2 crore and immediate closure, as per the new higher education bill — Viksit Bharat Adhishthan Bill — which is likely to be introduced in Lok Sabha on Monday.The bill circulated to MPs on Sunday also proposes that higher education institutions will be required to disclose financial details, audits, infrastructure, faculty information, courses, outcomes and accreditation status on a public portal maintained by the regulatory council as well as on their own websites. The disclosed data will form the basis for accreditation and regulatory oversight.TOI has learnt that govt is also likely to introduce a bill to replace the rural employment guarantee law, MGNREGA, on Monday. Sources said that though the Cabinet had last week approved the Pujya Bapu Gramin Rozgar Guarantee Bill, the acronym of the bill may be changed when it’s introduced in the House. The Bill proposes to guarantee 125 workdays per household as against 100 provided under the present law and would focus more on creating tangible assets in rural areas.As per the proposed Viksit Bharat Adhishthan Bill, there would be a common regulator for higher education, including universities, IITs and IIMs — Viksit Bharat Shiksha Viniyaman Parishad — having 14 members headed by a president. Its mandate would be to ensure coordination, maintenance of standards, and compliance with regulatory provisions across universities and higher educational institutions.The regulatory council will promote a “light but tight” regulatory approach, emphasising transparency, accountability & autonomy.The bill proposes to empower the regulatory council to take corrective action within 60 days in cases of misrepresentation, financial impropriety or administrative lapses.