UAF NEWS

The Finance and Planning Committee, University of Agriculture Faisalabad on Monday approved Rs 9110 million budget estimates for the financial year 2017-18.

The Finance and Planning Committee, University of Agriculture Faisalabad on Monday approved Rs 9110 million budget estimates for the financial year 2017-18. The meeting was chaired by UAF Vice Chancellor Prof Dr Iqrar Ahmad Khan while budget estimates were presented by Treasurer Umar Saeed. Higher Education Commission Director General (Finance) Ghulam Nabi, UAF Registrar Muhammad Hussian, UAF Planning and Development Director Irfan Abbas, Dean FNHS Dr. Masood Sadiq Butt, Prof. Dr. Tahira Iqbal, Prof. Dr. Muhammad Ashfaq, Prof. Dr. M. Jafar Jaskani, President ASA Mr. Amir Saeed Rana, Director Internal Audit Khalid Mehmood, and Director External Adut Masood Ali Khan attended the meeting. As per details, out of Rs. 9110.992 million budget estimates, Rs. 4582 million would be spent on non-development. For Development expenditures, Rs 846.697 would be provided from federal government and Rs 1107.499 million from the Punjab government. The meeting also approved a budget of Rs 2336.15 million for competitive research grants and Rs. 37.816 million for Water Management Research Center. The meeting also okayed Rs. 200 million from the Punjab Government for non- development schemes. Chairing the session, Dr Iqrar A Khan said that the university was making all-out efforts to ensure the quality education and research work. He said that the university will provide Financial Assistance worth Rs 564 million to nearly 5100 students during the next financial year. He lauded the steps being taken on the part of Punjab and federal government for the uplift of the education sector. He said that the student endowment fund had touched Rs 110 million. He said that university was providing free education to disable students and students hailing from Balochistan. He viewed that the university was carrying out commissioned research based upon problems solving of the agricultural sector. He said that no nation can make the development without quality education. The country is blessed with tremendous resources, there is need to tap the potential. Giving details of the 627 million rupees financial assistance of the Punjab Government, Treasure Umar Saeed said Rs. 157.607 million would be spent for provision of missing infrastructure at Burewala sub campus, Rs. 150 million on Establishment of Agri. Heritage Museum at main campus, Rs. 40 million on scheme for 50 overseas MS/MPhil scholarships for capacity building of Agri Department, Government of the Punjab, Rs. 180 million for establishment of Dengue Vector Research Laboratories at UAF, and Rs. 100 million for developing students – farmer interface for the productivity enhancement in agriculture.