Sindh Madressatul Islam University budget passed by Finance and Planning Committee of the institution
Karachi, February 24, 2013 (PPI-OT): The budget for year 2013-14 of the Sindh Madressatul Islam University (SMIU) was passed by the Finance and Planning Committee of the institution in its first meeting held with Dr Mohammad Ali Shaikh, Vice Chancellor, in chair.
The meeting was attended by Justice (R) Syed Deedar Hussain Shah, former judge of Supreme Court of Pakistan and former chairman of NAB, Mr. Nazir Ahmed Dhoon from Sindh Finance Department, Mr Samdani from Higher Education Commission (HEC), Mr. Ghulam Ali Surhio, Director Finance, Dr Fouzia Naeem Khan, Dean Social Sciences, Dr Anjum Bano Kazmi, Dean Education, and Mr. Gulzar Ahmed Mughal, Registrar of SMIU.
The meeting was informed that SMIU required an amount of Rs.165 million for its recurring expenditure for next financial year for running its five departments and two model schools. The meeting was apprised that so far the HEC had not provided any grant and all the expenditures were being met from the grants given by Government of Sindh.
The Committee observed that the HEC too should financially support the SMIU. On this point the representative of HEC said that although the HEC itself was passing through the financial hardships, the efforts would still be made to support the SMIU. The Committee resolved to approach the higher authorities of the HEC to play their role in providing enough financial resources to the university during its infancy years.
The committee also granted ex-post facto approval to the budget for current fiscal year to the tune of Rs130 million. The Committee was informed that the Government of Sindh had allocated Rs100 million for the current year, which created a deficit of Rs30 million.
The Vice Chancellor Dr Mohammad Ali Shaikh informed the Committee that he along with other vice chancellors had met the Chief Minister Sindh in December last year, where the Chief Minister Sindh Had agreed to provide additional allocation of Rs30 million for SMIU to cover its recurring deficit.
The meeting was also informed that in order to meet immediate development needs of the university, the Chief Minister Sindh Syed Qaim Ali Shah had announced a special grant of Rs150 million, which was still being awaited.
The committee while appreciating the announcement of Syed Qaim Ali Shah for recurring as well as special development grant, requested the Government of Sindh to provide the promised amounts to SMIU on priority basis in order to save it from financial constraints.
The meeting also decided to provide group life insurance protection of State Life Insurance Corporation to its all employees including the employees of its two boys and girls model schools.
For more information, Contact:
Sindh Madressatul Islam University
Phones: (92-21) 99217501-503,
Fax: (92-21) 99217504