Finance Committee

  • To monitor and manage the budget estimates relating to the income from fees, etc. collected.
  • To manage the annual budgets and utilization reports submitted by the individual departments Audited.
  • To mobilize resources through donations from society, through funding agencies if any.
  • To seek budget proposals from different departments, analyze them, establish the priorities.
  • To observe budget relating to the grant received/receivable from the UGC/AICTE, if any.
  • To prepare budget proposal relating to income from fees and other sources.
  • To prepare a comprehensive plan of expenses for day-to-day running of the Institution.
  • To propose the budget for the financial year for the departments and institute and forward a tentative budget to Governing Body in time.
  • To sanction all the expenditure to procure major equipment as advised by the Governing Body.
  • To approve expenses for constructing new buildings after getting approval from the Governing Body.
  • To Monitor appropriate deployment of resources and carry out vigilant funds organization.
  • To ensure audited account reports for the financial transactions of the institution.
  • To recommend salary of full time teaching and non teaching staff.
  • To advise the Governing Body on all financial matters.