Mysore Varsity presents Rs. 3.57 crore deficit budget
News

Mysore Varsity presents Rs. 3.57 crore deficit budget

June 19, 2018

Mysuru: The University of Mysore presented a deficit budget of Rs. 3.57 crore at its Academic Council meeting, here this morning at Crawford Hall.

The block grant released by the State Government for salaries and pension of employees was Rs. 137.19 crore and the income generated from admissions was Rs. 50 crore, from University properties Rs. 8 crore, from examination fees Rs. 57 crore and miscellaneous receipts Rs. 6 crore, said Finance Officer Prof. B. Mahadevappa tabling the budget.

The pay and allowances for staff account for Rs.125.26 crore which forms the major chunk of the expenditure and this is followed by pensions for retired employees which stands at Rs.70 crore. The general administrative expense is Rs.76.66 crore and for teaching, research and extension activities it is Rs.5.70 crore. The expenditure on maintenance of campus is Rs.17.82 crore and examination activities Rs.36.09 crore.

The income for the year stood at Rs.262.79 crore while the expenditure was Rs.266.37 crore, said Prof. Mahadevappa.

University of Mysore Finance Officer Prof. B. Mahadevappa (extreme right) presenting the budget for the year 2018-19 at Crawford Hall in city this morning as (from right) Registrar Prof. R. Rajanna, MLC Appaji Gowda, In-Charge Vice-Chancellor Prof. T.K. Umesh, MLC Ramachandra Gowda, Registrar (Evaluation) Prof. J. Somashekar, PMEB Director Prof. Yashwanth Dongre and College Development Council Director Prof. S. Srikanta Swamy look on.

Approval for autonomy

Three colleges, Maharani’s Science College, St. Philomena’s College and SBRR Mahajana First Grade College, were approved for the status of autonomous colleges. An amendment to Ph.D rules for 2017 was also approved and Christ College was given permission to shift the college.

In-Charge Vice-Chancellor Prof. T.K. Umesh chaired the meeting. Registrar Prof. R. Rajanna, Registrar (Evaluation) Prof. J. Somashekar, MLCs Ramachandra Gowda and Appaji Gowda, new Academic Council Members Prof. H.N. Yatiraj, Prof. Mahadev, Prof Praveen, Planning, Management and Evaluation Board (PMEB) Director Prof. Yashwanth Dongre, College Development Council Director Prof. S. Srikanta Swamy and others were present during the meeting.

ONE COMMENT ON THIS POST To “Mysore Varsity presents Rs. 3.57 crore deficit budget”

  1. dr.m.shanthakumar says:

    what is the background of mlc ramachanddr efgowda sitting in an academic related meetings ? such nomination should be curbed by our c.m.

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 41 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]