Punjabi University budget: Officiating V-C reins in unnecessary expenditure | punjab$patiala | Hindustan Times
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Punjabi University budget: Officiating V-C reins in unnecessary expenditure

Principal secretary (higher education) Anurag Verma, who is officiating as vice-chancellor of Punjabi University, on Thursday reined in unnecessary expenditure and reduced the varsity’s proposed budget deficit for 2017-18 by almost Rs 90 crore, which the authorities had initially pegged at Rs 185 crore.

punjab Updated: Mar 31, 2017 10:54 IST
Vishal Rambani
Punjabi University

(HT File Photo)

Principal secretary (higher education) Anurag Verma, who is officiating as vice-chancellor of Punjabi University, on Thursday reined in unnecessary expenditure and reduced the varsity’s proposed budget deficit for 2017-18 by almost Rs 90 crore, which the authorities had initially pegged at Rs 185 crore.

Presiding over the financial committee meeting to finalise the budget, Verma made the officials to make amendments in such budget proposals, where spending has been increased by more than 5%, except the salary bill.

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Sources said Verma rejected seven proposals for creating new posts or upgrading existing posts and sought the record of selection of five posts, where candidates were recruited in anticipation of approval from the syndicate, the supreme decision-making body of the university. They said, “He has asked the university officials to make the amendments in budget, cut down expenses on all accounts, stop hiring on contract basis, rationalise staff.”

Talking to HT, Verma said he has not made any cut in budget.