Panjab University’s finance panel okays ₹752- crore budget for 2023-24
1 year, 2 months ago

Panjab University’s finance panel okays ₹752- crore budget for 2023-24

Hindustan Times  

Panjab University’s Board of Finance on Wednesday cleared a revised expenditure estimate of ₹752.2 crore for the 2023-24 session and ₹789.6 crore for the 2024-25 session. Further, ₹346 crore will come from the University Grants Commission as annual maintenance grant and another ₹85.37 crore will be received from the Punjab government. For the 2024-25 session, to generate ₹789.6 crore, ₹332.3 crore will come from internal income and ₹457.3 crore will be annual maintenance grant, including ₹366.8 crore from UGC and ₹90.5 crore from Punjab. The Punjab government, in principle, has agreed for enhancement of annual grant to ₹85.4 crore as per revised estimate, which will be incorporated in the revised estimate of government of Punjab.

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History of this topic

Punjab: ₹92 cr released for SC post-matric scholarship scheme
2 weeks, 2 days ago

Punjab: ₹92 cr released for SC post-matric scholarship scheme

Hindustan Times  

To provide financial assistance for the education of Scheduled Caste students, the Punjab government has released ₹92 crore from the budget provisions for the year 2024-25 under the Post-Matric Scholarship for SC Students Scheme. To provide financial assistance for the education of Scheduled Caste students, the Punjab government has released ₹ 92 crore from the budget provisions for the year …

Cabinet approves PAN revamp along with ₹22,847-cr initiatives for agri, education, innovation, green energy, railways
4 weeks ago

Cabinet approves PAN revamp along with ₹22,847-cr initiatives for agri, education, innovation, green energy, railways

Live Mint  

New Delhi: The Cabinet Committee on Economic Affairs chaired by prime minister Narendra Modi on Monday approved the revamp of the Permanent Account Number system to introduce 'PAN 2.0', along with projects worth ₹22,847 crore in various domains including agriculture, railways, green energy, and education. The cabinet's announcement on Monday also included a formal introduction of the national mission on …

Maharashtra govt tables supplementary demands worth Rs 94889 crore in state assembly
5 months, 2 weeks ago

Maharashtra govt tables supplementary demands worth Rs 94889 crore in state assembly

New Indian Express  

MUMBAI: Maharashtra deputy chief minister Ajit Pawar, who is also finance minister, tabled Rs 94889 crore worth of supplementary demands on the floor of the House in the state assembly session. Interestingly, in the total Rs 94889 crore supplementary demand fund, Ajit Pawar led NCP ministers takes lion share in the state fund. In the total Rs 94889 crore worth …

Interim budget: ₹77 crore jump for Chandigarh PGIMER
10 months, 3 weeks ago

Interim budget: ₹77 crore jump for Chandigarh PGIMER

Hindustan Times  

The Postgraduate Institute of Medical Education and Research was allocated ₹2,200 crore in the interim budget, which is ₹77 crore more than last year’s revised budget estimates. The highest allocation of ₹350 crore was designated for the development of capital assets, against last year’s allocation of ₹343.10 crore. A budget allocation of ₹10 crore was made for the grant-in-aid mirroring …

Review PU’s request for grant enhancement: Centre to UGC
1 year, 2 months ago

Review PU’s request for grant enhancement: Centre to UGC

Hindustan Times  

The Union ministry of education has written to the University Grants Commission to review Panjab University’s financial position and examine the requests for enhancing the grant given to it for implementation of the revised pay scales. After again receiving requests from PU and the Punjab government, the UGC has been requested to review the varsity’s financial position and examine the …

No agreement to enhance grant by 6% annually: Punjab to Panjab University
2 years, 8 months ago

No agreement to enhance grant by 6% annually: Punjab to Panjab University

Hindustan Times  

Denting Panjab University’s hopes of the usual 6% enhancement in the annual grant from the Punjab government, the state has conveyed that it has never agreed to such an arrangement. As last year, the university had got an enhanced grant of ₹33.7 crore from Punjab, this year, the varsity was again expecting that it will receive an increased ₹36 crore, …

Punjabi University passes ₹129-cr deficit budget
3 years, 8 months ago

Punjabi University passes ₹129-cr deficit budget

Hindustan Times  

sh-strapped Punjabi University has passed a ₹129 crore deficit budget for 2021-22 in a meeting held on Monday. “The budget presented by the university authorities in the past financial years carried vague and superficial figures related to its expenses and income,” she claimed. INCREASE IN GUEST FACULTY REMUNERATION WITHDRAWN On the proposal of the finance committee, the syndicate has also …

Cabinet nod to Rs 59,000 core investment in Post-Matric Scholarship Scheme for SC students
4 years ago

Cabinet nod to Rs 59,000 core investment in Post-Matric Scholarship Scheme for SC students

India TV News  

The Cabinet Committee on Economic Affairs on Wednesday approved changes in the centrally Of the total investment of Rs 59,048 crore approved by the Cabinet chaired by Prime Minister Narendra Modi, 60 per cent, which amounts to Rs 35,534, would be spent by the Centra and the rest by the state govenrment. The focus of the scheme would be on …

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