The Executive Council of Himachal Pradesh University today approved Rs 118 crore budget for the varsity for 2013-14 financial year.
The Executive Council took the decision in a meeting held under the chairmanship of Vice-Chancellor A.D.N. Bajpai here today.
The Council approved the budget for the year 2013-14 to the tune of Rs. 118 crores with the deficit of about Rs. 16 crores. The domestic receipt would be about 37 crores while 65 crores have been allocated as annual budget assistance by the State Government. The Council approved the budget for the year 2013-14 and for holding of 20th Convocation of the varsity.
Bajpai apprised the members of the council about the activities, programs, workshops and seminars conducted during past 6 months as the last meeting was held on September 17, 2012. He further stated that the 20th Convocation of the University would be held on May 24 and the President of India Pranab Mukherjee will be the Chief Guest and he will deliver the convocation address.