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UoG reviews over Rs6bn budget for FY2026-27

ByJustpaste.in

GUJRAT: The Finance and Planning Committee of the University of Gujrat (UoG) has reviewed a proposed budget exceeding Rs6 billion for the fiscal year 2026-27, with a focus on financial sustainability, institutional reforms, student welfare and infrastructure development.

The proposed budget was discussed during the committee’s 36th meeting held at the Hafiz Hayat Campus under the chairmanship of Vice Chancellor Prof Dr Zahoor Ul Haq, recipient of the Tamgha-e-Imtiaz. The budget will now be placed before the university syndicate for final approval.

During the meeting, the committee was informed that the university had strengthened its financial position through improved governance and prudent resource management. Officials said the institution generated nearly Rs3.75 billion through its own resources, reducing dependence on external financial support.

The meeting was told that governance reforms and administrative measures implemented during the previous financial year resulted in savings of around Rs400 million. University management said these savings had been redirected towards student welfare initiatives and development projects.

According to the budget proposal, around Rs370 million has been allocated for scholarships, enabling financial assistance for nearly one-third of the university’s enrolled students. Officials said the move reflects the institution’s commitment to ensuring that deserving students continue their education despite financial constraints.

The committee also approved plans to invest Rs450 million in the purchase of 18 new buses to improve transport facilities for students and staff. The university estimates the new fleet will reduce annual transportation expenses by nearly Rs60 million through improved operational efficiency.

Members were further informed that the university is expanding the use of solar energy across its campuses. The initiative is expected to significantly reduce electricity costs while supporting environmentally sustainable operations.

The meeting also reviewed reforms related to faculty workload management, which reportedly generated savings of Rs119 million. University officials said the measures were designed to optimise academic resources without affecting the quality of teaching and learning.

Vice Chancellor Prof Dr Zahoor Ul Haq emphasised the importance of financial discipline, transparency and efficient utilisation of resources to ensure the university’s long-term growth. He said the proposed budget reflects the institution’s priorities of academic excellence, student support and sustainable development.

The meeting was attended by Additional Treasurer Ghulam Safdar Malik, Additional Secretary Higher Education Department Zahida Azhar, Section Officer Finance Department Asghar Ali, who joined online, Registrar Muhammad Naeem Butt, Dean Faculty of Social Sciences Prof Dr Faisal Mahmood Mirza, Academic Council members Dr Ashfaq Ahmad Mirza and Dr Bushra Akram, Deputy Treasurer Muhammad Fawaz Khokhar, Director ORIC Prof Dr Audil Rashid and other committee members.

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