Published On : Fri, Mar 15th, 2019

Senate objects to varsity’s Rs 380 cr budget allocation

Advertisement

Nagpur: Chaos continued to rule bjections of Senate members over allocation of funds under different heads. The members opposed the varsity’s decision of spending more on security, statue installation and infrastructure rather than allocating fund for activities involving students’ welfare.

Of the Rs 380 crore budget tabled by commerce faculty Dean Vinayak Deshpande for 2019-20, Rs 293.60 crore would be spent on maintenance, development Rs 36.05 crore and Rs 11.80 crore on independent projects. The income is Rs 341.45 crore while expenditure stands at Rs 382 crore, creating a deficit of Rs 41.44 crore. A major chunk (87.50%) would be spent on maintenance account.

Gold Rate
13 May 2025
Gold 24 KT 94,300/-
Gold 22 KT 87,700/-
Silver/Kg 97,300/-
Platinum 44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above

The Senate members objected to NU allocating just Rs 23 lakh on availing hostel facilities, Rs 1.65 crore on student welfare fund, Rs 1 crore scholarship and Rs 5 lakh on students guidance centre. As compared to this, Rs 5 crore was allocated for security system and Rs 2 crore for buying cleanliness tools.

The general funds too has dipped to Rs 33.88 crore as on March 2018 while it was Rs 54.04 crore last year. Members Manmohan Bajpai and Vishnu Changde opposed utilization of general funds for paying contractual teachers.

Member Baban Taywade asked why the administration has deployed so many security personnel. Bajpai and Changde pointed out that the sensitive exam section didn’t have tight security while the main building housing VC office had more personnel.

Advertisement
Advertisement