Supreme Court orders private universities to reveal five years of financial data
India's Supreme Court has instructed all private universities to submit audited accounts, fee details and surplus investment information for the past five years.
The Supreme Court of India, through Justices Ahsanuddin Amanullah and N.V. Anjaria, issued a directive requiring every private university to provide five years of audited accounts, detailed fee schedules, and explanations of surplus fund usage. Universities must also disclose staffing details, salary payments, and the functioning of their grievance-redress systems.
The court emphasized that private institutions cannot operate solely for profit, though a modest financial cushion is permissible. The mandate originated from a grievance filed by a student against Noida-based Amity University and was broadened to assess government concessions, land allocations, and regulatory inspections across the sector. Additional queries target admissions procedures, exam administration, and affiliations with professional bodies in fields such as medicine and law. The next hearing is set for November 19.
Why it matters
The ruling could reshape funding transparency and profit limits for India's rapidly growing private higher-education sector.
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