HU approves Rs1,254m budget
Mansehra: Finance committee of the Hazara University Thursday approved Rs1,254 million budget for 2010-11.
A press release said that a meeting of the committee, which met under Vice-Chancellor Dr Syed Sakhawat Shah, also approved revised budget for 2009-10. The meeting discussed financial matters regarding the budgetary allocations, including reduction in fee structure for students in view of the prevailing poverty rate in the area.
The university also established a students’ welfare fund for extending financial aid to the needy and poor students. The university employees will contribute one per cent of their monthly pay in the welfare fund.
The meeting considered proposals regarding the amended different administrative positions in the university and recommended considering promotion of employees serving in grade 1 to 4 on the basis of merit and performance.
The finance committee also recommended creation of the post of additional treasurer in the treasurer’s office. The finance committee passed a resolution and recommended to the provincial government that the university needed help as it was adversely affected in October 2005 earthquake.