Private universities cannot be run for profit, says SC

…surplus income, expenditure, fee collection and employee salaries, along with information on admissions, recruitment and teaching standards in six weeks. The bench of justices Ahsanuddin Amanullah and NV Anjaria said, “ It is for the public at large that the system operates, especially in matters concerning education. We make it clear that no private university shall be run as a profit-making institution. It must serve the larger public purpose of education ,” as it issued a slew of directions for the states and UTs to comply with. The orders were passed in a matter concerning Amity University, where a student was harassed for seeking a change of name in college records.…

…the universities were created, the benefits extended to them, and the regulatory framework to ensure they adhere to a “no profit no loss” mandate. On Thursday, the court felt the need to issue further orders, saying, “ These institutions cannot be allowed to operate as an industry for profiteering alone ,” as it directed states and UTs to provide details of fees collected from students at the time of admission and during the tenure of the course under various heads, the boards responsible for recruiting teaching and…