The University Grants Commission has allocated Tk 253 crore for Dhaka University's 2011-12 fiscal year's budget.
The university authorities had submitted a proposal for allocating Tk 281 crore for this year's budget to the UGC, but it granted Tk 253 crore after analysing present conditions of the university, said a DU official on Wednesday.
The UGC also asked the DU authorities to manage rest of the amount from internal sources, he added.
He also said the university authorities had no choice, but to increase academic fees to meet the deficiency.
He said the allocation would certainly not adequate for the mounting educational expenditures.
The official said the main share of the budget, about Tk 224 crore, was kept for salary, allowance and pension of teachers, officials and employees.
Only about Tk 24 crore was allotted to meet expenses for education, research and other sectors in the budget and the amount was very tiny in global contest, he said further.
DU treasurer Mizanur Rahman said the university would announce its budget for 2011-12 fiscal year at its syndicate meeting on June 28-29, 2011.
Source : New Age
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