University policy naturally goes with the national education policy, spirit and values. University education is not only relevant to the local context and needs but also should address the world wide university education and research dimensions. In this context, the main functions of university are construction of knowledge and technology through research and expand this knowledge and technology for innovation. Public funding is made in order to accomplish the main functions of university and therefore there needs transparence, integrity and productivity in fund utilization. For this, there is necessity of guideline, direction and monitoring from the side of government in administration of funds. However, it is equally important to impart a full academic independence to the higher educatio...READ MORE