The authorities of Dhaka University (DU) on Wednesday announced a proposed budget of Taka 9.45 billion for the fiscal year 2024-25 which was Taka 9.13 billion in the current fiscal year.
In the proposed budget, allocation for research has been increased by Taka 5 crore from last year totalling total research allocation to Taka 20 crore which is 2.12 percent of the total budget, according to the budget.
DU treasurer Md Mamtaj Uddin Ahmed placed the new budget for approval in the annual session of the university senate with vice-chancellor Prof Dr ASM Maksud Kamal in the chair at the Sir Nabab Nawab Ali Chowdhury Senate Bhaban.
Like the previous years, a big chunk of the budget will be spent for salary and allowances of teachers and officials-employees of the university.
Of the total amount, 31.65 per cent has been allocated for salary, 23.12 per cent for allowances, 23.33 per cent for supply and service expenses, 11.95 per cent for pension and retirement benefits, 2.12 percent for research grants, 2.94 per cent for capital grants, 3.68 percent for other grants, 0.21 for other capital grants, 0.18 percent for transport, 0.45 per cent for ICT logistics, 0.29 per cent for special facilities for retirement allowance beneficiaries and the lowest 0.08 per cent for health.
Altogether 85.11 percent of the budget that is about Taka 804.41 crore has been sanctioned by the University Grants Commission (UGC) and 9.52 per cent or Taka 90 crore will come from the universitys internal sources while the rest Taka 74.45 crore or 5.37 per cent has been showed as the deficit.
DU Pro-VC (education) Dr Sitesh Chandra Bachar, Pro-VC (Admin) Dr Mohammad Samad, Proctor Dr Masudur Rahman and senate members, among others, were present on the occasion. —BSS
