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JnU discloses 2011-12FY budget

The Jagannath University authorities on Tuesday announced Tk 29.98 crore budget for the fiscal year 2010-11

The 39th syndicate meeting of the university approved the annual budget for the university on Monday.

JnU treasurer Professor Shawokat Jahangir disclosed the budget at a news briefing in the university vice-chancellor's conference room at about 1:00pm where vice-chancellor Professor Mesbahuddin Ahmed was present.

Of the total budget, the University Grants Commission will give Tk 21.68 crore and the university would manage Tk 8.30 crore from its own income.

Like every year, the lion part of the budget, which is about 67 per cent, will be spent for salary and allowances of the teachers and officials.

This year 13.30 per cent of the total budget will be spent in education-related areas while 12.3 per cent will be spent in general services.

Tk 25 lakh will be spent for central library renovation, Tk 7 lakh on research work and 8.80 per cent of total budget will be spent for repair, collecting resources and transport. 

University registrar Mohammad Ohiduzzaman, acting proctor Asoke Kumar Saha, public relations officer Sayed Faruk Hossain and publication officer Md Saiful Islam were present on the conference.

Source : New Age