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Cash-strapped UoM Presents ₹107 Crore Deficit Budget
April 05, 2025
|The New Indian Express Mysuru
Projected revenue for current financial year stands at ₹295.59 crore, while estimated expenditure is ₹403.31 crore
THE University of Mysore, grappling with a severe financial crisis, has presented a deficit budget of ₹107 crore for the academic year 2025-26. The budget was tabled and approved during the Academic Council meeting held at Crawford Hall on Friday evening by finance officer K S Rekha.
The projected revenue for the current financial year stands at ₹295.59 crore, while the estimated expenditure is ₹403.31 crore, leading to a deficit of ₹107.72 crore. If the state government had released the full pension grant of ₹157.54 crore, the shortfall would have been only ₹18 lakh. However, with only ₹50 crore allocated, the deficit has widened significantly.
هذه القصة من طبعة April 05, 2025 من The New Indian Express Mysuru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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