An annual budget of Rs 375.75 crore has been approved for Chaudhary Charan Singh Haryana Agricultural University (CCSHAU) at Hisar for financial year 2015-16.
A meeting of Board of Management (BoM) of the university was held under the chairmanship of Vice-Chancellor K S Khokhar where the budget of the university for the next fiscal was approved, an official spokesman said here today.
The university's comptroller Naveen Jain said the budget for 2015-16 is 7 per cent more than the last fiscal.
Out of the total budget, 56 per cent would come from state plan (agriculture), 30 per cent from state non-plan(agriculture) and 9 per cent from Indian Council of Agricultural Research (ICAR) and other agencies like University Grants Commission (UGC), Department of Science and Technology, he said.
Apart from this, 5 per cent of the budget amount would be generated from internal resources by the university, he added.
Regarding spendings, the spokesman said 29 per cent of the total budget would be incurred on research, 13 per cent on teaching, 11 per cent on extension activities, 32 per cent on administration, 13 per cent on service unit and 2 per cent on welfare of students.