Gujarat Technological University announces ₹160 cr budget for 2024-25
The government has sanctioned 33 new teaching and non-teaching posts for GTU and its affiliated colleges
Updated: Mar 4th, 2024
In the Board of Management meeting of Gujarat Technological University (GTU), the ₹160 cr budget was approved for the year 2024–25 on Mar 3.
The new budget is ₹38 cr more than the previous year's budget due to new income.
The government has sanctioned 33 new teaching and non-teaching posts for GTU and its affiliated colleges.
However, GTU had demanded more than 100 posts from the government.
GTU's expenditure in the years 2022-23 was more than ₹71 cr. An expenditure of ₹118.36 cr was estimated in the budget for 2023-24.
With ₹156.80 cr outlay, the GTU budget for 2024-25 is higher than the revised budget for 2023-24 of GTU, which was ₹122.63 cr.
The budget includes ₹44 cr for examination expenses, ₹36.69 cr for expenses including salary from government grants, and ₹36 cr for university activities and administrative expenses.
Notably, the Gujarat Technological University, a state university, has been affiliated with many engineering, pharmacy, and management colleges in Gujarat since 2007.
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