VTU 8th Sem Results
When is vtu 8th sem result ?
Why is vtu 8th sem result is taking so much of time ?
Every final sem student needs the answer for this question right? well today i’m going to tell you the main reason behind the delay of the final semester result.
It is assumed that the final sem results are going to be announced in the next week for all the regions.
The Visveswaraya Technological University (VTU) has delayed the results of 4th 6th and 8th sem this time. The expected announcement of the 8th sem results is soon because there no official statement has been made by the VTU for the this so it may come earlier also. Stay tuned with our blog to get the latest notification of the results.
Now, let me come to the reason behind the delay(Its just a assumption not a fact), it is said that vtu is not having the minimum fund in its account to pay for the staff also the university has left with only Rs 80 lakh and then it took the overdraft of Rs 10 crore from the STATE BANK OF INDIA (SBI) recently.
It is believed that meaningless constructions and improper financial management has leads the university to this position where they are left to 80 lakh balance where as 2 year back the amount was Rs 600 crore, the university gets the income from affiliation and exam fees.
Now the university needs Rs 120 crore to complete the building constructions and 4.9 crore a month to pay for the staff of the university, the money left with it may run upto 2-4 month only.
The vice chancellor of The Visveswaraya Technological University (VTU) “Dr Sridhar “Stated that,
“We have requested the state government for assistance. Unless they give us grants, it will be difficult for us to run the university after two or three months”
The sources believed that it may take 2-3 years of time to set all the things even after getting the money from the government.
Dr Sridhar also confirmed that ,
“We have borrowed from SBI for the salaries”
This might be one of the reason for the delay in the results of the 4th sem 6th sem and 8th sem respectively. Any official announcement has not been made by the vtu so the students need to wait until the results have been declared.
stay with us for the latest updates regarding the results and other vtu news.
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