The Maharashtra Government notified on 19th January, 2024 provided the Maharashtra Private Universities (Establishment and Regulation) Act, 2023, which aims to unify, consolidate, and amend the laws related to self-financed private universities in the state. It outlines the process for establishing a self-financed private university, emphasizing the need for a Detailed Project Report (DPR) to be submitted to the government for scrutiny. The Act also highlights the criteria for appointing various university officials, such as the President, Vice-Chancellor, and Registrar. It specifies the powers and functions of the university’s authorities, including the Governing Body, Board of Management, Academic Council, and Board of Examinations.
The Act emphasizes that the university shall be self-financed and not entitled to financial assistance from the government. It outlines the establishment of an endowment fund and a general fund to meet the university’s expenses. The notification also details the disqualification criteria for members of the university’s authorities and ensures that vacancies do not invalidate the proceedings of any university body. Additionally, it addresses the establishment of committees and the formulation of the university’s statutes, including the First Statutes and subsequent Statutes, which cover various aspects such as financial procedures, representation of teachers, and the creation of new departments or posts.
The Act provides a comprehensive framework for the establishment, governance, and operation of self-financed private universities in Maharashtra. It covers essential aspects such as the appointment and removal of university officials, the constitution and functions of university authorities, the conduct of examinations, and the formulation of statutes to regulate the university’s operations. By laying down these regulations, the Act aims to ensure the smooth functioning and development of private universities in the state, thereby contributing to the advancement of higher education and research.
