TK 339.18 crores budget approved for CU

The senate of Chattogram University (CU), on Saturday, approved a TK 339.18 crore budget of the university with only 1.24 percent allocation for research work for 2019-2020 fiscal year.

CU acting registrar KM Nur placed the budget before the meeting at the senate, the highest policy making body of the university, approved the budget at its 31st meeting held at the Vice-Chancellor’s auditorium in A R Mallik Bhaban on the campus with the acting Vice Chancellor Professor Dr Shirin Akther in the chair.

Of the total budget, TK 316 crores will come from the University Grants Commission (UGC) as government grant while TK 16.50 crores will come from internal sources and TK 6.68 crores were shown as deficit budget.

Of the budget, the expenditure including, TK 269.40 crores will be spent for salary and other allowances for the teachers and employees, TK 53 crores for meeting pension, TK 4.20 crores for research work, and TK 56.28 crores for maintenance, capital and grants, other educational purposes and miscellaneous, CU acting registrar KM Nur Ahmed said.

Former Minister and senate member Engineer Mosharrf Hossain, MP, Members of Parliament Yousuf Abdullah Harun, Washika Ayesha Khan, Nazrul Islam Chowdhury, Mahfuzur Rahman Mita and Divisional Commissioner of Chattogram Abdul Mannan, among others, took part in the budget discussion.