The meeting was informed that the central government had already approved a budget of Rs. 116 crore for the university this financial year, of which Rs. 39 crore has already been received. The money, once received, would be used to pay off a loan of Rs. 39 crore availed of by the PU to pay off staff salaries.
The varsity would also use the money to increase fellowship given to research scholars from Rs. 5,000-Rs 6,000 to Rs. 10,000-Rs 12,000 per month.
Panjab University would also offer 'rotatory internship' to students of BDS course at the Dr HS Judge Institute of Dental Sciences and Hospital, Panjab University. The budget for payment of stipends was approved at the meeting.
Another Rs. 20 lakh were approved for improvement of infrastructure at PU's Swami Sarvanand Giri Regional Centre at Hoshiarpur. The meeting also approved another Rs. 75 lakh for Internet connectivity in the new buildings at Chandigarh campus of the university.
A sum of Rs. 25 lakh were approved for setting up galleries at department of ancient Indian history, culture and archaeology. Another Rs. 30 lakh would be spent on the repair of an auditorium of the department of evening studies. Other expenses likely to be incurred during renovation at PU hostels was also given the go-ahead.