GUJRAT - The University of Gujrat vice-chancellor said that the UoG was teetering on the brink of devastation, urging the Punjab chief minister to provide immediate financial help to meet a major deficit of Rs200 million. Financial crisis prevailing in the country had badly affected the education sector because of 50pc cut in the universities budget, Prof Dr Mohammad Nizamuddin said. As a result, he added, all the universities were under the spell of this traumatic strain and the UoG, because of its infancy, might not be able to sustain such a severe financial jolt. If this financial crunch persists, the UoG administration will be left with no alternative but go for new redundancies and layoffs which will be very inimical and devastating for the university. It is also facing problems in attracting skilled and experienced faculty from the metropolitan cities. Further expulsion of the faculty will make the university barren, and subservient to the whims of inexperienced faculty. So all possible steps should be taken, and all avenues be explored to enhance the budget allocations, he observed. The pending projects like central library and auditorium ought to be started. He said that an amount of Rs100 million announced by the Prime Minister on UoGs first convocation ought to be materialised on urgent basis, adding the university is catering to the academic needs of more than 14,500 students where 450 faculty members are employed to generate, manage and cultivate academics and research. The UoG has made momentous achievements in the last four years. The tempo of the university towards scaling heights had been set and all factors were synchronised to leap forward towards making it a world-class university. Research creativity, innovation are the focused endeavours of the varsity. The financial crunch is going to very adversely affect this dynamic growth rate, and subvert many of the creative efforts especially in research and development. Unwarranted cuts in the recurrent and development budget by the Punjab government and High Education Commission alike has disorientated the entire framework and created an atmosphere of fear, insecurity among the faculty, and students. The benefits and blessings of this development and growth have been equally showered onto the four constituent colleges of the university. The infrastructure of these colleges has been developed and renovated. New labs have been built and furnished with computers and other equipments. Quality of academic programmes has been appreciably improved. Many innovative programmes have been introduced. The students enrolment has seen an upward mobility.