UGC approves budget of Tk 8,088.49 crore

The University Grants Commission (UGC) has approved a budget of Tk 8088.49 crore for country’s 45 public universities in 2019-2020 fiscal year.

The commission approved the budget at its 155th full-commission meeting held at UGC today, said a press release here.

UGC Chairman Professor Abdul Mannan presided over the meeting while UGC Members Professor Dr. Mohammad Yousuf Ali Mollah, Professor Dr. Dil Afroza Begum, Professor Dr. Md. Akhtar Hossain, Professor Dr. M. Shah Nowaz Ali and Abul Kalam Azad were present at the meeting.

Dhaka University got the highest revenue budget allocation Tk 764.65 crore while Sylhet Medical University got Tk 3.60 crore. Sylhet Medical University for the first time included in the budgetary allocation.

Besides, the meeting also approved Tk 50.97 crore for UGC in 2019-2020 fiscal year.

The meeting also approved the revised budget of Tk 4834.63 crore for the universities and Tk 49.03 crore for UGC for 2018-2019 fiscal year.

The commission approved Tk 64.40 crore for research in 2019-2020 fiscal year while the figure was Tk 62.36 crore in the last fiscal year.