As per sources, the university is facing a tremendous financial crunch, and is set to lease out varsity land to generate revenue and a panel has been set up to look for ‘space allocations within the university premises.
Diengdoh said that the announcement made by the university VC Prof Prabha Shankar Shukla was very sudden and hasty decision as it should have been properly discussed with all colleges before taking the decision, so colleges can prepare the requirements.