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PU Syndicate recommends Rs 9.33 billion budget

Vacancies for medical doctors approved

Research grant increased from Rs 150m to 185m

Rs 210m allocated for scholarships to students, co-curricular activitiesRs 210m allocated for scholarships to students, co-curricular activities

LAHORE: (Saturday, June 29, 2019): Punjab University Syndicate meeting recommended Rs 9.33 billion budget for the approval of Senate for the year 2019-20. Taking practical measures to establish PU Medical and Dental College, the Syndicate approved vacancies of professors, associate professors and assistant professors for medical doctors.

On the directions of the vice chancellor for increasing PU’s international ranking and socio-economic impact research, the syndicate increased research funding by Rs 35 million and allocated a total of Rs 185 million for research. PU would also continue overseas scholarship scheme for teachers.  The university has allocated Rs 37 million for participation in national and international conferences.

The university expects a total grant of Rs 2.637 billion from Higher Education Commission, 30 percent of the total budget while PU would generate the rest of 70 percent from own sources. 

According to other salient features of the budget, special students will also be provided with free education along with boarding facilities while students taking admission on sports basis will be provided with free education. The university will continue to waive off tuition fee of Hafiz-e-Quran. In order to facilitate students, Punjab University is providing funds of Rs 210 million to its students in terms of scholarships, student affairs and career counseling and other activities.

Moreover, HEC scholarships worth 97 million rupees and PEEF scholarships will also be provided to students. In the budget, Punjab University is providing Rs 190 million Hostel Subsidy, Rs 35 million transport subsidy and Rs 21 million internet subsidy to students and in addition to the above, subsidy on electricity bills in teaching departments is also being provided. PU has allocated Rs 208 million for development projects.

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