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Osmania University short on funds, but makes big plans

Osmania University campus

Funds shortage : Despite faced with a deficit budget, Osmania University plans to construct four academic blocks including one each in Nizam College, University College for Women, University College of Science, Saifabad and University College of Education, during the year 2019-20. These buildings were being planned at an estimated cost of Rs 40 crore.

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An administrative building on campus is also on the cards at a cost of Rs 10 crore and restoration and maintenance works of old hostel buildings on campus and constituent colleges is also being planned by the university involving an expenditure funds of Rs 10 crore.

The university administration also wants to undertake repair and renovation work at the staff quarters at an estimated cost of Rs 10 crore besides proposing development of sport facilities for students and employees with Rs 5 crore. Also planned is beautification of gardens and lawns in and around the campus with Rs 2.50 crore. These developmental activities were included in the budget presentation for the year 2019-20.

Funds

The university was already facing shortfall budget of Rs 75 crore for year 2019-20 and for taking up these developmental activities, an additional Rs 77.70 crore was required. The university intended to approach the State government for additional grants for capital works, the authorities said.

A girls hostel with 60 rooms on the premises of Nizam College was also coming up at an estimated cost of Rs 6.25 crore for which the Hyderabad Metropolitan Development Authority was providing an assistance of Rs 5 crore. The Department of Food and Textile Technology, in the University College of Technology, is all set to get a separate building at a cost of Rs 4.40 crore.

According top priority to the security of students and faculty members on campus, the administration installed 200 CCTV cameras with a command control centre at Centre Facilities for Research and Development building.

Osmania is one among a few universities in the country that has been granted Rs 107 crore under Rashtriya Uchchattar Shiksha Abhiyan (RUSA) 2.0 scheme. These grants are to be used for establishment of OU Technology Business Incubator and six centres of excellence including Centre for Biodiversity and Conversation Studies, Centre for Microbial Fermentation Technology, Centre for Prototyping and Testing Industrial Products, Centre for Cyber Security and Cyber Law, Centre for Telangana Studies and Dr B R Ambedkar Research Centre.

The varsity intends to establish high performance computing centre, and also take up construction of a boundary wall for Tagore Auditorium, repairs and renovation works for University Guest House and campus automation and e-governance.

Expenses pegged at Rs 617.66 crore

For the year 2019-20, OU has a deficit budget of Rs 75 crore. The varsity’s expenditure is pegged at Rs 617.66 crore while the total income generated including the grants from State government stands at Rs 542.66 crore.

Presenting the budget for 2019-20 at the Academic Senate, OU, here on Wednesday, Faculty of Commerce Prof K Shankaraiah said the budget estimates for the 2018-19 envisaged an expenditure of Rs 686.77 crore. However, in the revised estimates, an expenditure of Rs 554.28 crore was contemplated. This meant that there was a decrease of Rs 132.49 crore over the original estimates and it was mainly due to less expenditure on pay and allowances and contingencies, pension and retirement benefits, remittance of arrears for contributory pension scheme, payment of arrears of PRC 2015 and also for non-receipt of funds for establishing PG Colleges, at Siddipet, Narsapur and Jogipet. The year 2018-19 was expected to close with a balance of Rs 5.93 crore, he said.

Speaking to Telangana Today, OU Vice-Chancellor Prof S Ramachandram said the university was expecting 15 per cent increase in block grants from the government. “Every year, the government enhances block grant by 15 per cent. The varsity is likely to get Rs 45 crore from the State government when the full budget is presented and the rest deficit amount will be generated internally,” he said.

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