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DU allocates 2% of budget for research

  • Published at 08:24 pm June 10th, 2017
  • Last updated at 08:25 pm June 10th, 2017
DU allocates 2% of budget for research
Dhaka University (DU) is set to propose a non-development budget of Tk664.37 crore for the fiscal year 2017-18. However, the allocation for the research sector is only Tk14cr, which is 2% of the proposed total. According to the budget section of DU, the Tk664.37cr budget will cover education and research activities of Dhaka University, salaries and allowances for teachers and officials, as well as expenditure on general activities. This year Tk417.59cr has been allocated for salary and allowances, and Tk106cr for pensions. On the other hand, Tk71.77cr has been earmarked for the students’ academic program. A further Tk47.31cr is set to be spent on general activities, and Tk10.5cr will be allocated for repairs. The budget for research is the remaining amount. Regarding the budget, DU English Department Professor Emeritus Sirajul Islam Chowdhury said: “The education and research sector should be given the highest importance in the Dhaka University budget because DU is not only an educational institution but also the country’s highest level of education. Other educational institutions will follow DU.” DU Vice-Chancellor AAMS Arefin Siddique echoed Sirajul Islam in urging the government to support development of the research sector. However, he also acknowledged that there were “limitations” that stood in the way of increasing the research budget according to demand. A meeting was held on May 5, hosted by the Finance Committee of DU, where the proposed budget was approved. After approval at the syndicate meeting, the final budget will be announced on June 17 at the Nabab Nawab Ali Chowdhury Senate Building. Donations from the UGC and the university’s own income will be shown as the main income in the budget. Of this, the UGC will give Tk608.1cr while the rest will be provided from the university’s own funds. According to the University Grants Commission (UGC) budget guidelines this year, transparency should be maintained at all cost regarding government funding and no special assignment can be made outside the main allocation without the UGC’s prior approval. Furthermore, all income from any sector will be included with university’s own income in the budget, and 40% of the income from admission test forms will be submitted to the university fund. In FY 2016-17, the proposed budget was 664.11 crore, with the figure eventually revised to 667.9 crore.  Earlier, the budget was Tk500cr in FY2015-16, Tk425.5cr in 2014-15, and Tk314.53cr in 2013-14.
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