Archit Watts
Tribune News Service
Muktsar, November 29
The Malout Institute of Management and Information Technology (MIMIT), which boasts of being the lone government institute to offer both MBA and BTech in the state, is in such a financial crisis that its nearly 225 employees have not got salary for the past three months.
Staff members have now started a protest under the banner of MIMIT Employees’ Welfare Association for their pending salary.
A senior employee of the institute said due to the financial stress, the institute was on the verge of closing down. Notably, the students of MIMIT in the past have got jobs in several multinational companies and are getting good salaries as well.
“It is difficult to run the college in the present scenario. The institute is yet to get the funds of nearly Rs 7 crore under Post Matric Scholarship Scheme. If the state government releases the funds, the institute will come out of financial crisis. Till a few years ago, the institute was self-sufficient and the government had stopped giving grant. However, now the enrolment of students is also decreasing,” he said.
Dr Sanjiv Sharma, Director, MIMIT, said, “The institute’s employees are not getting the salaries. We have met local MLA-cum-Deputy Speaker Ajaib Singh Bhatti, Finance Minister Manpreet Singh Badal and Technical Education Minister Charanjit Singh Channi. All have assured us solution to bring the premier institute out of financial stress.”
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