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Varsity presents Rs 529 crore budget

Updated on: 25 March,2013 01:17 AM IST  | 
A Correspondent |

But like the past three years, even this time it is a budget of deficit

Varsity presents Rs 529 crore budget

For the first time in its history, the University of Pune (UoP) presented a whopping Rs 529.75 crore budget for the financial year 2013-14. However, like the past three years, this year too is a deficit budget (Rs 117.82 crore).


Soon after the UoP management council member Dattatraya Balsaraf presented the budget, several senate members raised objections and alleged that it’s merely a number game and will be a failure when the time of actual utilisation of funds comes.


Official word
Senate Member Dr Mahesh Abale, while criticising certain provisions mentioned in the budget, said, “Last year, the budget deficit was of Rs 103 crore, but by the end of the financial year it got converted to Rs 135 crore surplus. Just like last year, there are several unnecessary provisions in the budget. I don’t think they will implement everything, as they have failed to do it in the past as well.”


Another Senate Member Ashok Kamble said that presenting deficit budget has become trend here. Due to a deficit budget, very little is spent on student centric schemes.”

Refuting the allegation that UoP has no mechanism for effective implementation if budget, former pro-V-C Dr Arun Adsul said, “We have formed a budget implementation committee under the chairmanship of Mangesh Karad. The committee will exclusively monitor the implementation of the budget.”

Scholarship for scholars
The UoP has proposed several student friendly schemes in this year’s budget, which includes a special national-level scholarship. “We would select 100 students for the new scholarship by a national level entrance test. The selected students would do doctoral research and their scholarship will be at par to the national standards. A similar scholarship will be introduced for students belonging to the economically backward section of the society. The students for this scholarship will be selected on basis of their merit,” informed Dr V B Gaikwad, director of UoP’s Board of College and University Development.

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