UGC approves Tk 85b budget for public universities

The University Grants Commission (UGC) on Wednesday approved a budget of Tk 84.8512 billion for 46 public universities of the country for 2020-21 fiscal year, reports UNB.

Of this amount, the size of revenue budget is Tk 54.5412 billion while the development budget is Tk 30.31 billion for 53 projects, UGC said in a press release.

Of the universities, Dhaka University was given the highest allocation, it said.

The commission approved the budget at its 158th meeting held virtually with UGC chairman professor Kazi Shahidullah in the chair.

Last year, the UGC approved Tk 80.8849 billion budget for the public universities.