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The public university has a budget of 10 thousand crores.
The Bangladesh University Grants Commission has approved a budget of Tk 10,032.61 crore for 49 public universities in the country in the 2021-22 fiscal year. Of this, there is a revenue budget of Tk 5,085.61 crore and a development budget of Tk 4,156 crore.
The budget was approved on June 18 at the 160th commission meeting chaired by UGC chairman Prof Kazi Shahidullah. UGC Secretary (Additional Responsibilities) Ferdous Zaman presented the working paper and budget of the meeting.
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 fiscal year 2021-22, Dhaka University has got the highest revenue budget and Habiganj Agricultural University has 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 2021-22. Compared to last year, it has increased the allocation in this sector by Tk 34 crore. In the last 2020-21 financial year, 8 crores 75 lakh was allocated in the main budget. Besides, the commission has approved a budget of Tk 61.36 crore for UGC in the fiscal year 2021-22. Of this, we have allocated a budget of Tk 16 crore 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. They committed the government to make 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 for research in the country’s public universities. If the universities can properly spend this money on basic and applied research, the desired goals in higher education and research will be achieved 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 Sheikh Abdus Salam, Chittagong Veterinary and Animal Sciences University Vice-Chancellor Gautam Buddha Das, Bangabandhu Sheikh Mujibur Rahman University of Science and Technology AQM Mahbub, Khulna University Law School Dean. 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 also approved the minutes of the 159th Commission meeting, reviewed the progress of implementation 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.
News Source: Prothom Alo
News Date: June 20, 2021
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