The University Grants Commission (UGC) on Wednesday approved a budget of Tk 8,485.12 crore for country’s 46 public universities for fiscal year of 2020-21.
Of the amount, Tk 5454.12 crore from revenue budget and rest Tk 3,031 crore from development budget. Revenue budget five percent increased than the previous fiscal year.The commission approved the budget at its 158th full-commission meeting held virtually with UGC Chairman Professor Kazi Shahidullah in the chair.
Dhaka University got the highest revenue budget allocation of Tk 830.06 crore.
In last year, the UGC approved a Tk 8088.49 crore budget for the country’s 45 public universities for the fiscal of 2019-20.
Of the amount, Tk 5,089.46 crore allocated for non-development activities while the remaining Tk 2,999.03 crore for development activities.