Performance Report â 2010 - Ministry of Finance and Planning
Performance Report â 2010 - Ministry of Finance and Planning
Performance Report â 2010 - Ministry of Finance and Planning
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norms for the higher education sector.Also, it is necessary to promote relevance<strong>and</strong> quality <strong>of</strong> teaching, learning <strong>and</strong>research in the university system. Inaddition, there is a vital need for humanresource development in the highereducation sector in Sri Lanka. The sectorfaces the following challenges; The capacity <strong>of</strong> the state universitysystem is limited. Not more than 17percent <strong>of</strong> those who qualify forUniversity education could gainadmission to a state university. The performance <strong>of</strong> Sri Lankanuniversities is not up to worldst<strong>and</strong>ards. None <strong>of</strong> the universities inSri Lankan is currently positionedamong the top 1,000 universities in theworld. The courses in universities are mostlysupply driven <strong>and</strong> do not match withthe needs <strong>of</strong> the economy. Most <strong>of</strong>education streams in traditionalUniversities are mono-disciplinary. Graduates are not readily absorbed byinstitutions for employment due to lack<strong>of</strong> attitude <strong>and</strong> skills required by theemployers such as initiative,trainability, flexibility, teamorientation,communication, positivework attitude <strong>and</strong> discipline. Universities maintain poor linkageswith the labour market <strong>and</strong> the industry,which results in the low absorption <strong>of</strong>graduates into employment.Table 35 World Ranks <strong>of</strong> Sri LankanUniversitiesWORLD UNIVERSITYRANK1930 University <strong>of</strong>Moratuwa2041 University <strong>of</strong>Colombo3547 University <strong>of</strong>PeradeniyaSri Lankan universities have been in theforefront <strong>of</strong> the process <strong>of</strong> development <strong>of</strong>human capital <strong>of</strong> the country since theinception <strong>of</strong> universities in Sri Lanka.Therefore, provided the pr<strong>of</strong>essionalsneeded in various disciplines such asmedicine, engineering, architecture,dentistry, veterinary sciences, physical,chemical, <strong>and</strong> biological sciences,information technology <strong>and</strong> computerscience, law, social sciences <strong>and</strong>management studies etc.Over the years, universities havedeveloped a strong research orientationby adding a rich pool <strong>of</strong> theoretical <strong>and</strong>empirical researchThe Government incurred a large amount<strong>of</strong> money during last five years with aview to providing the necessaryinfrastructure facilities. This enables theintake <strong>of</strong> more students <strong>and</strong> providinghostel accommodation to a large number<strong>of</strong> students. The total financial assistanceprovided to higher education institutions,including universities, has increasedsignificantly from Rs 12 billion in 2006 toRs 18.1 billion in <strong>2010</strong> representing anincrease <strong>of</strong> 50 percent. Total Capitalinvestment amounted to Rs 6,587 million<strong>of</strong> which 60 percent was financed from theConsolidated Fund.Expenditure on Higher EducationRs. Bn2520151050410810 10 11 11.5Source; University Grant Commission67 6.62006 2007 2008 2009 <strong>2010</strong>RecurrentCapital175Almost 21,547 students were <strong>of</strong>feredadmission to Higher Educational
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