In the annual senate meeting the budget of the Shivaji University, Kolhapur (SUK) was released.
There are a total of 314.73 crore in the deposits while the total expenditure is 319.11 crore.
Last year also the situation was the same with the expenditure being more than the deposits with the amount of 278 crore of expenditure and 274 crore of deposits.
The expenditure has grown to Rs 40 crore in comparison to the 278 expenditure last year.
The concentration this year will be on encouraging the innovations, research and development and also renovating the laboratories across the varsity.
Rs 20 crore has been reserved for the advocating the research and development emphasizing the renovation of the existing laboratories.
Also the Rs 42 lakh allotted to the varsity under the Golden jubilee research scholarship will be awarded to the research scholars...This allocation was earlier restricted the university students only. But this year the students from the university affiliated colleges will also be awarded the scholarships.
Highlighting the shortcomings in the budget Senate member Savita Ghongade expressed that the budget in not student-centric. There was a need to make a provision for the women's security or empowerment which is also lacking.
According to the council member D T Shirke the funds kept for the research and development will be allotted towards the shortage. Also the depreciation reserves will be utilized.
Also there was an actual requirement of Rs 27 lakh for the distance education to which the Centre has allocated an inappropriate amount of Rs 50 lakh.
The contract of the examinations is with the Maharashtra Knowledge Corporation Limited (MKCL). However there were certain technical faults in the October Semester Examination result, keeping which in consideration the contract must be cancelled.
Another Senate member Sambhaji Waghmode advised that the internal information technology department of the SUK should be given this responsibility.
Responding to the suggestion Shirke informed that a committee has been formed by the management council to review the MKCL's work. After the review work is completed the decision whether to continue or withdraw will be taken.
Favouring the budget Amit Kulkarni, a Senate member said that digitalization part is a one called for and the budget is student centric.