M'lore varsity council okays Rs 3.78 crore deficit budget

  In the third general meeting of the Academic Council held at the New Senate Hall in Mangalagangothri, Varsity Finance Officer Kupparalingaiah presented the budget proposing a income of Rs 94.80 crore and expenditure of Rs 98.58 crore, thus indicating a deficit of Rs 3.78 crore.

Income, expenditure

As per the budget, the estimated income of the university comprises grants from State and other sources (62 per cent), students fee and college fee (18 per cent), employees sources (5 per cent), examination fees (9 per cent), distance education (1 per cent) and advances and deposits (5 per cent).

Similarly, the proposed expenditure has been distributed for salary (60 per cent), administrative expenses (12 per cent), pension (7 per cent), PG department and hostels (2 per cent), distance education (1 per cent), affiliated colleges (1 per cent), examination (6 per cent), advances and deposits (11 per cent).

Kupparalingaiah said during 2010-11, with the implementation of UGC revised pay scale, the lecturers will have to be paid arrears of 51 months. Accordingly, 60 per cent of the resources will be spent on paying arrears.

“Under planned fund, government releases only salary of the university employees and officials. We get only token grant from the government for any developmental works,” he said and added that the Government has released Rs 1.50 crore towards setting up of PG centre in Chikkaloovar in Kushalnagar during 2009-10. “We are expecting Rs 50 lakh from the government for the Centre. A proposal of Rs 14.03 crore has been sent to the government for new buildings and basic facilities.”

Devt works

Kupparalingaiah said the construction of PG centre in Kushalnagar, Study centre in Mangalore University, auditorium and mini seminar hall at university premises, welcome arch, construction of foreign students hostel, women’s hostel at Field Marshal K M Kariappa College will be undertaken on priority basis during 2010-11.

He said under UGC 11th plan, Rs 3.13 crore grant has been received by the University during 2009-10. “We are expecting a grant of Rs 4.64 crore during 2010-11.”   “We  have made it clear to the government that Mangalore University’s requirements are special compared to that of the other old varsities in the State. The necessities are being fulfiled with the participation of international organisations, donors and alumni association,” he added. Vice-Chancellor Prof T C Shivashankara Murthy, Registrar Dr Chinnappa Gowda, Registrar (Evaluation) Prof P S Yadapadithaya were present.

DH Newsletter Privacy Policy Get the top news in your inbox
GET IT
Comments (+)