The Senate of Vinoba Bhave University passed the Budget of 2015-16 in its meeting that concluded late last night. In this one-day-long session of the top most house of the university, teachers, staffs and students discussed and passed many proposals.
In the meeting which concluded at 10:45 pm on Tuesday night after long discussion, the members passed the annual budget after some rectifications. In this budget, VBU administration has proposed a need of `324 crore in plan head and `292.66 crores in non-plan head. From internal income it has estimated to collect more than 65 crore while for rest money it needs assistance of Government of Jharkhand and UGC.
In this meeting decision were taken to start the process of promotion for the teachers of colleges converted into constituent unit in 1984. The Senate also approved the proposal of giving benefits of ACP and MACP to the non-teaching staffs of the university. For starting course of Acharya in Sanskrit colleges Senate agrees to send proposal to the state government.
On students union election after long debate, the university administration finally agreed to hold the election before January 2016. Almost all members were of the opinion that fresh student leaders should come forward which will be beneficial both for the students and the institutions.