Panjab University Board of Finance approves Rs. 901.61 crore budget for FY 2026–27

Chandigarh, October 13, 2025: The Panjab University (PU) Board of Finance (BoF) today approved a budget of Rs. 901.61 crore for the financial year 2026–27. The budget envisages total expenditure of Rs. 901.61 crore against an expected income of Rs. 387.54 crore. 

The meeting was presided over by PU Vice Chancellor Professor Renu Vig and attended by the Financial Advisor, UGC, Nominee of Ministry of Education, Government of India, Sh. Sudeep Singh Jain, Nominee, Department of Higher Education and Languages, Government of Punjab Sh. Rakesh K. Sharma, Nominee of Finance Secretary, Chandigarh Administration DCLA Sh. Suresh Kumar, Nominee, Department of Finance, Government of Punjab Sh. Jasminder Singh, Dean of University Instruction Prof. Yojna Rawat, Registrar Y. P. Verma, Director, Research and Development Cell Prof. Meenakshi Goyal, Finance and Development Officer Dr. Vikram Nayyar, President PUTA Sh. Amarjeet Singh Naura, and President PUNTEF Sh. Honey Thakur.

As per the budget estimates, PU expects to earn Rs. 387.54 crore during 2026–27 through internal revenue sources. This includes Rs. 100 crore from partially self-financed courses, Rs. 20.50 crore from the Centre for Distance and Online Education (formerly USOL), Rs. 174 crore from examination fees, Rs. 21.50 crore from fees from university teaching departments, Rs. 36 crore from registration, certificate, and CET fees, Rs. 14.70 crore from hostels, Rs. 7.37 crore from sports fees (PUSC), and Rs. 13.47 crore from other sources such as interest, late admission fees, sale of admission forms, and affiliation continuation fees.

The university will receive Rs. 412.17 crore from the University Grants Commission (UGC) and Rs. 101.68 crore from the Government of Punjab during 2026–27. To meet the liability of payment of arrears of revised pension, the Punjab Government has been requested to release a one-time additional grant of Rs. 128.95 crore. The representative of the Punjab Government stated that the proposal for the same be submitted through the concerned administrative department for consideration.

Under the capital expenditure plan, PU has announced several developmental and student-centric projects. PU has proposed to set up indoor stadium for volleyball, basketball and the boxing training hall in the Sector-14 PU Campus at an estimated cost of Rs. 4.69 crore. Two new synthetic tennis courts will also be constructed in the PU Campus, Sector-14, at a cost of Rs. 0.46 crore. In addition, renovation and upgradation of student amenities form a major part of the expenditure plan. The university will undertake the renovation of washrooms of Blocks I, II, and IV in Boys Hostel No. 6, renovation of kitchen and mess areas in Girls Hostel No. 2 and Boys Hostel No. 2, and installation of a rainwater harvesting system at Girls Hostel No. 11, with a total estimated cost of Rs. 3 crore.

Infrastructure of the Central Placement Cell and the University Health Centre will also be upgraded, with proposed expenditures of Rs. 1.84 crore and Rs. 0.89 crore respectively. To support the overall physical development of the campus, strengthening of general infrastructure has been allocated Rs. 11.69 crore.

Around Rs. 5.50 Crore has been proposed for upgradation of the electrical system across the campus to ensure energy efficiency and safety. Rs. 4.80 Crore has been set aside for modernisation of academic and research facilities, including laboratory refurbishment and ICT enhancement, while Rs. 3 Crore has been proposed for digital infrastructure, smart classrooms, and blended learning facilities to strengthen the teaching–learning ecosystem.