Ratan Tata has intervened to save the jobs of 115 employees at the Tata Institute of Social Sciences (TISS) who were facing layoffs due to financial constraints. The employees, including 55 faculty members and 60 non-teaching staff, were working on contract and had been dismissed because TISS could not cover their salaries. Previously, it was stated that without a grant from the Trust, TISS would be unable to pay its staff, therefore it had to lay them off.
The financial shortfall occurred because the Tata Education Trust had not extended its grant to the Institute. Without this financial aid, TISS was unable to pay the employees, leading to their dismissal.
Ratan Tata, chairman of the Tata Education Trust, has now extended the grant, providing much-needed relief to the staff. This intervention ensures that the 115 employees can continue their work at TISS.
The initial dismissal came as a shock to the affected faculty members, who were actively involved in the admissions process and had worked hard to update the syllabus in accordance with the New Education Policy. The dismissals, however, did not impact employees on the university’s regular payroll, as their salaries are covered by the University Grants Commission (UGC). Only those on contract, some of whom had been with the Institute for over a decade, were laid off due to their reliance on the Trust’s funds.
Despite the concerns raised by the staff, TISS authorities denied any connection between the dismissals and involvement by the Centre or changes in UGC regulations.
Read More: https://theknowledgereview.in/
