A budget of nearly Rs. 158 crore, which is the biggest in its history, appointing its nominee for the Search Committee to appoint a new Vice-Chancellor, proposals for creation of more facilities in hostels and introduction of new courses, are some of the salient points of the Andhra University’s annual budget for 2008-09 that was approved by the Government at AU’s Executive Council meeting held in Hyderabad a few days ago.

The projected deficit is Rs. 22 crore.

Increase in budget

Last year’s budget was for Rs. 129 crore and the increase this year was made keeping in view of the approval given by the Government to appoint 197 teachers, the expected revision in dearness allowance and pay-scales of teachers, according to Vice-Chancellor L. Venugopal Reddy who presided over the EC meeting.

Proposals have also been made to take up construction of buildings, improve the existing facilities like laboratories and other educational facilities for students, research scholars and teaches, modern facilities in hostels and introduction of new courses.

Increasing grant

The deficit could be brought down to Rs. 7 crore or Rs. 8 crore as the Government is expected to increase block grant by 12.5 per cent, fee to be collected for the new courses and enrolment of more foreign students and other means.

The budget proposals would be implemented after the Academic Senate gives its approval. The Academic Senate meeting is expected to be held very soon.

The Executive Council decided on a former Vice-Chancellor of University of Madras Tyagarajan as its representative on the Search Committee to appoint a new Vice-Chancellor.

UGC and the State Government will appoint the other two members.

The EC also decided to extend the term of Rector Beela Satyanarayana till he retires on superannuation in June. His term actually ends in March.

A proposal to form 14 schools in the place of the five campus colleges, by grouping sister subjects has been accepted but a final decision will be made after a thorough discussion.



AU budget pegged at Rs.367 croreMarch 26, 2014