The vice chancellors (VCs) of all government universities have been told by the Higher Education Commission (HEC) to run their affairs through a fund-raising programme as a 50 per cent reduction in the budget of commission is on cards, City 42 reported.

According to the report, HEC has issued a new five-point agenda for public-sector universities, wherein the VCs have been directed to run the institutions from their own resources.

They have also been told to seek donations from philanthropists and alumni besides attracting students from foreign countries.

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Several vital developmental projects related to universities, including the construction of new campuses and faculty development, have also been halted.