FC: 81:2022:3

To consider the proposed Revised Estimates 2021-22 and Budget Estimates

2022-23 for Salaries, Recurring & Creation of Assets

As per Statute 19(6) of the Statutes of the University, the Budget Estimates of the University shall be laid before the Finance Committee for consideration and thereafter submitted to the Executive Council for approval. Further, as per Statute 19(7), the Finance Committee shall recommend limits for total recurring and non-recurring expenditure based on the income and resources of the University. An abstract of Receipts and Payments under OH-31, 35 and 36 is attached at Annexure. Detailed Revised Estimates for 2021-2022 and Budget Estimates for 2022-2023 will be circulated during the meeting for consideration and fixing the ceiling for the Salary, Recurring and Creation of Assets for the F.Y. 2021-2022 (R.E.) and for the F.Y. 2022-2023 ( B.E.)

MATTER FOR DECISION

To consider the R.E. for the F.Y. 2021-2022 & B.E. for the F.Y. 2022-2023 and fix the ceiling of expenditure to be incurred in the F.Y. 2021-22 & 2022-2023.