Updated on: Tuesday, March 27, 2012
The Senate and Syndicate of the Guru Nanak Dev University approved its budget estimates of Rs 263.81 crore for 2012-13 and no hike in tution fees has been proposed.
The Punjab Government would pay the University a maintenance grant of Rs 35.54 crore and Rs 45 crore for payment of arrears to the teaching staff.
The University would contribute Rs 103.23 crore from its own sources.
Out of total budget, 57.21 percent would be spent on teaching, applied teaching, research and improvement of education. 9.56 percent would be spent on non-teaching departments which include hostels, publication, estate, construction, N.S.S. landscape, guest house, public relations and health centre.
About 14.26 percent of budgetary funds has been allocated for General Administration and 3.51 per cent for the conduct of Examinations.