It is mandatory for all colleges to disclose an audited financial statement on their website, said T.G. Sitharam, chairman of the All India Council for Technical Education.
At a roundtable discussion organised by the Education Promotion Society for India (EPSI) at the SRM Institute of Science and Technology on Tuesday, Mr. Sitharam urged colleges to abide by three norms of the council.
He said that colleges must declare the department-wise availability of seats, infrastructure and faculty details, and upload the audited financial statement on their website. Such disclosure would build public confidence in the institution. The council wanted to move away from ‘inspector raj’, he said.