CU approved Tk 115.6cr budget

The Chittagong University senate approved a Tk 115.6 crore budget for 2011-2012 fiscal year.

The senate, presided over by the vice-chancellor Anawarul Azim Arif, passed the budget at the VC's conference room at about 3:30pm on Wednesday.

Register Safiul Alam presented the budget for 2011-2012 fiscal year and Tk 115.21 crore amended budget for 2010-2011 fiscal year.

The University Grants Commission allotted Tk 103.6 crore for the current year, though the university demanded Tk 143.1 crore.

The university will manage Tk 12 crore from its internal sources.

Besides, Tk 78.8 crore was allotted for salary and wage payment, Tk 15 crore for pension, Tk 10.52 crore for the general associated sector, Tk 8.9 crore for education sector, Tk 1.48 crore for repairing sector and Tk 9 lakh for research sector.

Source : New Age

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