UGC has a budget of Rs 10,000 crore for public universities in Bangladesh

UGC Chairman Prof. The budget was approved at the 160th commission meeting chaired by Kazi Shahidullah on Thursday (June 18).

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UGC has a budget of Rs 10,000 crore for public universities in Bangladesh

The Policy Times Dhaka Bureau :
The Bangladesh University Grants Commission (UGC) has approved a budget of Tk 10,032.61 crore for 49 public universities in Bangladesh in the 2021-2022 fiscal year. Of this, there is a revenue budget of Tk 5,085.61 crore and a development budget of Tk 4,156 crore.

UGC Chairman Prof. The budget was approved at the 160th commission meeting chaired by Kazi Shahidullah on Thursday (June 18). UGC Secretary (Additional Responsibilities) presented the working paper and budget of the meeting. Ferdous Zaman.

In the last financial year, the budget allocation in favor of 47 public universities was Tk 8,465.12 crore. As such, the allocation for public universities has increased by about Rs 1,546 crore this year. In the financial year 2021-2022, Dhaka University got the highest revenue budget and Habiganj Agricultural University got the lowest budget.

100.64 crore has been allocated in the main budget for the research of public universities in higher education in the fiscal year 2021-2022. The budget allocation for this sector has been increased by Tk 34 crore as compared to last year. In the last 2020-2021 financial year, 8 crores 85 lakh was allocated in the main budget. In addition, the Commission has approved a budget of Rs 61.36 crore for UGC in FY 2021-2022. Of this, a budget of Tk 16 crore has been allocated for public university research, which is Tk 3 crore more than last year.

Regarding more allocation in the research sector, the UGC chairman said Bangladesh is now a developing country. The government is committed to making Bangladesh one of the developed countries in Qatar by 2041. If we want to take the country forward by continuing the trend of development, we have to create new knowledge through quality education and research. To meet this goal, UGC has significantly increased the budget of the country’s public universities for research the universities can properly spend this money on basic and practical research, the desired goal will be achieved in higher education and research and it will be possible to achieve a respectable place in the world rankings.

UGC member Professor at the meeting. Dil Afroza Begum, Professor. Md. Sajjad Hossain, Professor. Muhammad Alamgir, Professor. Biswajit Chand, Professor. Md. Abu Taher, Islamic University, Kushtia Vice-Chancellor Prof. Sheikh Abdus Salam, Chittagong Veterinary and Animal Sciences University Vice-Chancellor Prof. Gautam Buddha Das, Bangabandhu Sheikh Mujibur Rahman University of Science and Technology Vice-Chancellor Prof. AQM Mahbub, Dean of Khulna University School of Law. Md. Waliul Hasanat, Sylhet Agricultural University Professor of Livestock Production and Management. Md. Abdul Baset, Professor of Wet Process Engineering at Bangladesh Textile University. Md. Julhas Uddin, Member of Planning Commission (Socio-Economic Infrastructure) was involved. The meeting approved the minutes of the 159th Commission meeting, reviewed the implementation progress of various decisions taken, and approved the loan sanction policy for construction of general houses by Janata Bank Limited under corporate guarantee for the employees of UGC.

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UGC has a budget of Rs 10,000 crore for public universities in Bangladesh
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UGC Chairman Prof. The budget was approved at the 160th commission meeting chaired by Kazi Shahidullah on Thursday (June 18).
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THE POLICY TIMES
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