States' universities will receive financial support in the 12th Plan allotments, Chairman of University Grants Commission Ved Prakash said here on Saturday.

During a brief interaction with reporters on the sidelines of a seminar, Prof. Ved Prakash said paucity of funds was a problem faced by all universities, but the situation would improve during the 12th Plan. On the entry of foreign varsities to India, he said that a bill was pending in Parliament, but as of now, they could have twining programmes with Indian varsities which was also approved by the AICTE.