South Asian University
About South Asian University
- South Asian University (SAU) is an international university established by the eight member nations of SAARC.
- Located in New Delhi, SAU started its operations from the academic year 2010.
- SAU attracts students from all member nations and its degrees are recognised by all the eight SAARC countries.
- India, as the host and largest country in the SAARC group, bore the entire capital cost for setting up the university, and also pays 50% of the operational costs.
Why in News?
- The government has called for applications for the post of President of the South Asian University.
- After a decade of existence, the university has yet to appoint a non-Indian president, despite rules stipulating a rotation among the member countries.
About SAARC
- The South Asian Association for Regional Cooperation (SAARC) was established in 1985 with 7 founding members.
- SAARC now comprises eight Member States: Afghanistan (joined in 2007), Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.
- The Secretariat of the Association is located in Kathmandu, Nepal.
- The objectives of the Association include promotion of welfare of the peoples of South Asia and to improve their quality of life; to accelerate economic growth, social progress and cultural development in the region and to provide all individuals the opportunity to live in dignity and to realize their full potential.
- Decisions at all levels are to be taken on the basis of unanimity; and bilateral and contentious issues are excluded from the deliberations of the Association.
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