PU Board of Finance Meeting
The members of BoF approved the revised estimates 2023-24 and Budget Estimates 2024-25.
City Air News
Oct 4, 2023 10:18
0
The members of BoF approved the revised estimates 2023-24 and Budget Estimates 2024-25.
Chandigarh October 4, 2023: The members of BoF approved the revised estimates 2023-24 and Budget Estimates 2024-25 which is as under:
|
Sr. No |
Heads of Expenditure |
Revised 2023-24 |
Estimates 2024-25 |
|
A |
Revenue Expenditure |
75223.14 |
78963.66 |
|
B |
Internal Income |
31654.14 |
33231.02 |
|
C |
Annual Maintenance Grants |
|
|
|
(i) |
UGC/MHRD |
34607.00 |
36683.42 |
|
(ii) |
Govt. of Punjab |
8537.00 |
9049.22 |
|
D |
Grants against shortfall of previous years (Punjab Govt.) |
425.00 |
0.00 |
|
|
Total (Annual Maintenance Grants) |
43569.00 |
45732.64 |
|
E |
Total Income (B+C+D) |
75223.14 |
78963.66 |
In consequence to implementation of revised pay scales, the University has requested to Government of India and Government of Punjab for sanction and release one time grant of Rs. 27817.45 lacs for payment of arrears.
The request for enhancement of salary grant from Rs. 294.78 crore to Rs. 346.07 crore (Revised Estimate 2023-24) with 6% annual enhancement is under consideration of the Ministry of Education/UGC.
The Punjab Government, in principal, has agreed for the enhancement of annual salary grant to Rs. 85.37 crore in Revised Estimates 2023-24 which will be incorporate in the Revised Estimate of Government of Punjab.
The members of BoF approved the enhancement of emoluments to various Medical Officers working on Contract/Part time.
The members of BoF approved the enhancement of pension for those who retired between 1.1.2006 to 30.11.2011 in terms of Punjab Government Notification No. 4/61/2014-2FPPC/1052 dated 4.7.2019.
The members of BoF approved the revision of stipend for apprenticeship.
The members of BoF approved the revision of pay scale of Contractual/Temporary employees.
