Shillong, Sep 8: The University of Science and Technology Meghalaya (USTM) has flagged a serious financial hardship facing its P.A. Sangma International Medical College & Hospital (PIMC) and warned that its future survival is at stake.
In a letter dated September 7 to parents of the second batch of MBBS students, the Registrar said PIMC is facing severe hardship mainly due to sudden withdrawal of financial assistance committed in the beginning and the exceptionally low fee structure unilaterally decided by the government for state quota seats.
Despite its continued commitment to provide quality medical education and maintaining required academic and clinical standards along with delivering healthcare benefits to people of Meghalaya, the non-release of the committed Rs 235 crore interest-free loan and allocation of 50 per cent MBBS seats under State Quota at an unprecedented low fee structure have placed a severe burden on the institution, the letter said.
“These circumstances have created significant challenges in sustaining our academic, clinical, and operational commitments and may adversely affect the future survival of the institution and its long-term sustainability,” it said.
The university has called a meeting with parents on September 12 to discuss academic progress, overall development and future of students and to seek their understanding, constructive suggestions and continued support.
