Jagannath University approved a budget of Tk297.82 crore for the next fiscal year during a syndicate meeting on Monday. The university doubled its research funding to Tk8 crore compared to last year's allocation. University treasurer Prof Dr Sabina Sharmin presented the financial plan at the 102nd syndicate meeting. Officials confirmed the budget increase represents a 48% jump from the previous year. The University Grants Commission approved Tk187 crore of the total amount.
The remaining Tk110 crore creates a deficit that the university must manage independently. Research receives Tk8.3 crore of the total budget allocation. Student scholarships receive Tk56 crore for supplementary support programs. Salaries and allowances account for Tk128.6 crore of university expenses. Construction of temporary halls receives Tk24.9 crore for student housing needs.
The university made history by funding student research projects for the first time. Master's thesis and doctoral research programs receive Tk1 crore for support. Equipment purchases receive Tk4.92 crore for academic improvements. Transportation costs receive Tk3 crore for campus operations. Information technology development receives Tk1.70 crore for digital advancement.
Prof Dr Sabina Sharmin explained that supplementary scholarships begin in July despite potential delays. Vice-Chancellor Prof Dr Rezaul Karim emphasized the budget prioritizes university interests after recent changes. Faculty research funding continues as before with added student research support. University teachers and students protested in April demanding budget increases. The demonstration took place at Kakrail intersection near the Chief Adviser's residence.
The remaining Tk110 crore creates a deficit that the university must manage independently. Research receives Tk8.3 crore of the total budget allocation. Student scholarships receive Tk56 crore for supplementary support programs. Salaries and allowances account for Tk128.6 crore of university expenses. Construction of temporary halls receives Tk24.9 crore for student housing needs.
The university made history by funding student research projects for the first time. Master's thesis and doctoral research programs receive Tk1 crore for support. Equipment purchases receive Tk4.92 crore for academic improvements. Transportation costs receive Tk3 crore for campus operations. Information technology development receives Tk1.70 crore for digital advancement.
Prof Dr Sabina Sharmin explained that supplementary scholarships begin in July despite potential delays. Vice-Chancellor Prof Dr Rezaul Karim emphasized the budget prioritizes university interests after recent changes. Faculty research funding continues as before with added student research support. University teachers and students protested in April demanding budget increases. The demonstration took place at Kakrail intersection near the Chief Adviser's residence.
