The Budget which which Vice Chancellor Suhas Pednekar approved under his chairmanship has shown a deficit of 68.81 crores indicating the sad state of varsity's finances currently.
Mumbai University passed a budget of Rs 695 crore on Thursday at a senate meeting held at its Fort campus. The budget covers a cell for international collaboration, women's welfare schemes, incubation centre and others to bring Mumbai University among 100 best universities.
The Budget which which Vice Chancellor Suhas Pednekar approved under his chairmanship has shown a deficit of 68.81 crores indicating the sad state of varsity's finances currently.
The Budget's priority is clearly aimed at investing funds in initiatives that will help the university in bettering it's ranking.
The initiatives include promoting research culture, to lauch a new prize for groundbreaking research, scholarship to M.Phil students, introduce vice chancellor fellows, incubation centers, welfare schemes for women, organising national and international study tours for management council, academic council and senate members of Mumbai University. The student centric budget was approved unanimously in the assembly today by emphasizing university reforms with special budget provisions based on such innovative initiatives like the Bal Apte Chapter Centers.
In addition, special priority has been given to the planned constructions in 2019-2020, in which museum complex building, 100 guest hostels and hostel for 500 girls is included. The varsity is also banking on the fact that this year it has improved it's National Institutional Ranking Framework (NIRF) to 81 rank among University category.
BHUDGET
- The budget covers a cell for international collaboration, women’s welfare schemes, incubation centre and other schemes to bring Mumbai University among the 100 best universities.
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