UGC approves Tk 10,444.04 crore budget for 51 public universities in 2022-23

The University Grants Commission (UGC) on Monday approved a budget of Tk 10,444.04 crore for 51 public universities of the country for 2022-23 fiscal year.

The commission approved the budget at its 162th meeting held virtually with UGC Chairman (Additional) Professor Dr Dil Afroza in the chair.

In the total budget of Tk 10,515.71 crore, UGC will get Tk 71.67 Crore, UGC said in a press release .

In the main budget for the universities, the size of the revenue budget is Tk 6,023.60 crore while the development budget is Tk 4,420.44 crore for 40 projects.

In fiscal 2022-23, the allotted budget for the public universities has increased Tk 937.80 crore from the previous year.

In this fiscal, Dhaka University will get the highest revenue budget of Tk 864.94 crore while Sheikh Hasina Medical University, Khulna will get lowest Tk 3.83 crore.

In the main budget Tk 150 crore has been allotted for research under UGC and public University which is Tk 32 crore more than the previous year.

Source: United News of Bangladesh