Former Haryana finance minister and senior Congress leader Sampat Singh on Wednesday said that Hisar’s Guru Jambheshwar University of Science and Technology is facing an acute financial crisis with a staggering budget deficit of ₹294.92 crore.
Addressing media in Hisar, Sampat Singh said that the Haryana government had provided ₹140 crore in grant-in-aid to the varsity in 2023–24. He expressed surprise that the state government has allocated a loan of only ₹95 crore in its budget for the current financial year.
“The total estimated revenue for the university in 2025–26 stands at just ₹194.11 crore, including internal receipts, income from distance education and self-financing programmes, and grants from state and central government bodies. Revenue streams have been declining and the self-financing schemes, originally launched to boost income, are expected to generate only ₹21.11 crore this year—against an estimated expenditure of ₹41.45 crore,” he added.
Singh said that the university’s total estimated expenditure—both capital and revenue—for the current fiscal year is ₹415 crore and it threatens the existence of the university.