UoM presents `33.17 crore deficit budget

Major chunk of `96 cr earmarked for salaries; `35 cr for pension

UoM presents `33.17 crore deficit budget

Director of finance, University of Mysore, M Chandrakumar on Wednesday presented Rs 33.17 crore deficit budget of the varsity for the fiscal year 2013-14.

Tabling the budget estimates, Chandrakumar said that the State Government has
sanctioned Rs 105 crore against the varsity’s proposal for Rs 151.28 crore. The varsity has estimated non-planning expenditure at Rs 191.28 crore.

Continuing with the slogan of austerity, the University has decided to minimise the expenditure and mobilise resources to meet the expenditure. However, taking cognisance of the necessity to increase the internal revenue, it has been decided to introduce correspondence programmes.

Giving break-up of allocations, Chandrakumar said majority of Rs 96 crore has been earmarked for salary and other allowances; Rs 35 crore for pension; Rs 1.50 crore for betterment of SC, ST students and their welfare; Rs 1.20 crore for reimbursement of medical expenditure; Rs 15 lakh for the two health centres; and Rs 9.69 crore for examination activities.  

This apart, Rs 2.30 crore has been earmarked for each of the temporary and guest faculties salaries and printing of exam materials; followed by Rs two crore for electrical expenditure; Rs 1.20 crore for temporary non-teaching faculties salaries; Rs one crore each for civil works and building maintenance; Rs 60 lakh for travel allowance; Rs 40 lakh each for vehicle maintenance and telephone expenditure; Rs 30 lakh for Manasa exhibition; Rs 16 lakh for the activities of college development council; and Rs 10 lakh under ‘Earn while learn’ programme.

The development grant of Rs 30 lakh has been sanctioned for the coming fiscal. Under sponsored programmes, a revenue of Rs 23.51 crore is expected.

Recalling the travails faced during the beginning of current fiscal (2012-13), Chandrakumar said that the varsity had sought additional grant of Rs 41 crore under block grant against the sanctioned Rs 69 crore block grant. However, of the additional grant sought, the government has released Rs 24.81 crore, bringing the total grant to Rs 93 crore.

Vice-chancellor of University of Mysore Prof K S Rangappa presided the budget presentation. Registrar P S Naik, Registrar (evaluation) D Jayadevaraje Urs and deans of all the streams and members of Syndicate and Academic Council were present.

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