The Academic Council of the Mangalore University has okayed the deficit budget of Rs 6.29 crore for the year 2012-13 here on Friday.
In the fourth general meeting of the Academic Council held at the New Senate Hall in Mangalagangothri, Mangalore University Vice-Chancellor Prof T C Shivashankaramurthy said that the proposed income would be Rs 139.69 crore and expenditure would be Rs 145.93 crore, thus indicating a deficit of Rs 6.29 crore.
In 2011-12, the budget had proposed an income of Rs 119.47 crore crore and expenditure of Rs 124.22 crore, thus indicating a deficit of Rs 4.74 crore.
Income, expenditure
He said under non-planned grants, the university is expected to get an income of Rs 108.37 crore in 2012-13. It was Rs 95.45 crore in 2011-12. The expenditure would be Rs 105.18 crore. It was Rs 91.64 crore during 2011-12.
Under non-planned grant, the income has been increased by Rs 12.92 crore while the expenditure has increased by Rs 13.54 crore compared to last year. Under planned grant, the income for the year 2012-13 would Rs 31.27 crore while it was Rs 24.01 crore in 2011-12. The expenditure would be Rs 40.75 crore in 2012-13.
The VC said the deficit budget can be overcome with the grant university will receive during 12th five year plan and grant from the state government. The university has received Rs 11.2 crore during the last five year plan. In a letter to Mangalore University, the UGC has asked to make a plan for minimum three times and maximum of five times of last year’s grant. The committee at UGC will verify the plan and approve it.
“We have also asked Rs 5 crore from the state government for the Chikkaluvara PG Centre,” he said.
Devt work
About 1,635 lakh has been earmarked for the development works in Mangalore University. It includes repair of offices, intercom and maintenance —Rs 15 lakh, Research grant for university lecturers—Rs 20 lakh; calamity fund—Rs 5 lakh; 400 metres track—Rs 100 lakh; maintenance and repair of Administrative block—Rs 40 lakh; extension of library building—Rs 30 lakh; extension of management administration building—Rs 50 lakh; relaying of pipelines from Munnur to University campus—Rs 40 lakh; Chikkaluvara PG Centre—Rs 600 lakh; beautification of roads in University campus—Rs 200 lakh; Construction of study centre—Rs 75 lakh; repair of science block—Rs 70 lakh; repair of library building—Rs 50 lakh; repair of Jnanadeepa and Nandadeepa sub station—Rs 25 lakh; construction of first floor for Sauparnika boys hostel—Rs 40 lakh; construction of Pariksha Bhavan—Rs 75 lakh and construction of seminar hall in the auditorium, acoustics and light and sound system—Rs 200 lakh.
The VC said that the work on 400 metres track has already commenced. An eight member committee has been constituted to look into the work. The track with a pavilion will be completed by next March. The science building at Chikkaluvara is nearing completion and tender for building Arts building has been invited. Post graduation in economics, political science, Kannada will be started at Chikkaluvara. It has also been planned to construct two hostels and a teachers’ quarters, he informed.
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