Allocation of public resources to the public universities in Bangladesh: Development initiatives by University grants commission

Abstract

The paper explores how much development undertakings including conducting research venture have been taken by the apex authority of regulationof public universities in Bangladesh for instance; University Grants Commission. The study will be capitulated with exploratory research design along with secondary data to come out the fact ofdevelopment perspective of public universities in Bangladesh. The study reveals that no hard and fast rules and regulations available to allocate public resources to the public universities. Allocating public resources determines on the basis of previous distributed public resources data to redistributed public resources for the next year. Generally, the commission raises public resources from the four sources that comprises of grants from the government; loans from the government; donation and endowments and receipts of the commission from such other sources as may be approved by the government. Budget towards public universities generally consists of two forms for example; Development budget and Non development budget. Non development budget comprises of paid salary and allowance to the staff and teachers along with administrative cost and other expenses that are prescribed by the assigned authority and development budget composes of physical development of the institutions namely; building infrastructure of those public universities. Availability ofpoor governance, failure of assurance of quality education and adopted fragile accountability mechanismare the leading challenges of the public universities in Bangladesh.