"Several instances have come to light where the money in these private universities has been poured by anti-social elements.
Investing money in these universities has become a safe haven for black marketeers and other notorious people," CPI(M) leader and city Deputy Mayor Takinder Panwar said.
He asked the state government to make it mandatory for these institutes to upload all relevant details including the owners and financers, administration, courses, staff position, students and infrastructure on the website.
Panwar alleged these varsities have been opened either to siphon off money collected from the students or to grab the land and use it for commercial purposes later.
He asked the government to further strengthen regulatory provisions to effectively deal with the wrongdoings of institutes.