Federal Minister for Education and Professional Training Shafqat Mahmood has denied any budgetary cut in the allocation of fund for Higher Education Commission (HEC) Pakistan. Responding to the queries put forth by students and educationists, following his thorough presentation on “Education System of Pakistan: Challenges and Way Forward” organized by Karachi School of Business and Leadership (KSBL) on Thursday, he dismissed the news concerning slashing of HEC budgetary allocations.