proceeding 16th meeting

Proceedings of the 16th meeting of the Finance Committee of Guru Angad Dev Veterinary and Animal Sciences University, Ludhiana held on 21-03-2015 at 2:30 p.m. at Committee room of the Vice-Chancellor, GADVASU, Ludhiana.

Item No.16.01: Confirmation of the proceedings of the 15 th meeting of the Finance Committee held on 28-03-2014 at PAU Camp Office, Mohali.

The Finance Committee confirmed the proceedings of it 15th meeting held on 28-03-2014.

Item No.16.02: Action taken report on the decision of the Finance Committee in its 15 th meeting held on 28-03-2014.

The Finance Committee noted with satisfaction the action taken on various decisions.

Item No.16.03: Budget Estimates of Guru Angad Dev Veterinary and Animal Sciences University for the year 2015-16.

The Budget Estimates for 2015-16 of ` 20592.00 lakh have been placed before the Finance Committee out of which estimates of ` 7313.51 lakh pertains to Non-Plan Vety./Non-Plan Committed Schemes which contains ` 6632.60 lakh for 'Salary' and ` 680.91 lakh for 'Contingency'. The University has framed these estimates in the light of sanction of the State Govt. conveyed for ` 5400.00 lakh under ‘Salary' in Non-Plan schemes/Non-Plan committed. By adding estimated income of ` 550.61 lakh total funds of ` 5950.61 lakh will be available under 'Salary' and 'Contingency'. These estimates consist of provision of ` 6632.60 lakh in Non-Plan schemes/ Non-Plan committed under 'Salary' and there is deficit of ` 1232.60 lakh against the total sanctioned grant of ` 5400.00 lakh under 'Salary'. It also observed that against expected total receipts of ` 19229.10 lakh, the Budget Estimates contain estimated expenditure of ` 20592.00 lakh, there is deficit of ` 1362.90 lakh including 'Salary and Contingency', as under: -

( IN LAKHS) Sr. No.

Name of Scheme

GrantExpected

Income TotalResource

Expenditure Deficit

1. Non-Plan Vety. 5400.00 550.61 5950.61 7313.51 1362.902. Plan 3781.50 0 3781.50 3781.50 02. NABARD 2600.00 0 2600.00 2600.00 03. RKVY 4600.00 0 4600.00 4600.00 04. ICAR 1554.94 44.00 1598.94 1598.94 05. Misc. 225.61 0 225.61 225.61 06. UGC 81.19 0 81.19 81.19 07. Revolving Fund 0 391.25 391.25 391.25 0

Total 18243.24 985.86 19229.10 20592.00 1362.90

Vice-Chancellor Principal Secretary Finance Financial Commissioner GADVASU Deptt. of Finance Punjab Deptt. of Animal Husbandry,

Fisheries & Dairy Development, Punjab

Registrar ComptrollerSpl. Invitee GADVASUGADVASU

FromThe Comptroller,Guru Angad Dev Veterinary and Animal Sciences University,Ludhiana.

ToAll Deans/Directors/Officers,Guru Angad Dev Veterinary and Animal Sciences University,Ludhiana.

Memo.No.CVU/B-1/15/Dated Ludhiana the:

Subject: - Budget Estimates of Guru Angad Dev Veterinary & Animal Sciences University for the year 2015-16.

The Finance Committee/Board of Management in their 16 th/28th meeting held on 21-03-2015 vide item no. 16.03/28.12 respectively approved the Budget Estimates for 2015-16 of ` 20592.00 lakh have been placed before the Finance Committee out of which estimates of ` 7313.51 lakh pertains to Non-Plan Vety./Non-Plan Committed Schemes which contains ` 6632.60 lakh for 'Salary' and ` 680.91 lakh for 'Contingency'. The University has framed these estimates in the light of sanction of the State Govt. conveyed for ` 5400.00 lakh under ‘Salary' in Non-Plan schemes/Non-Plan committed. By adding estimated income of ` 550.61 lakh total funds of ` 5950.61 lakh will be available under 'Salary' and 'Contingency'. These estimates consist of provision of ` 6632.60 lakh in Non-Plan schemes/ Non-Plan committed under 'Salary' and there is deficit of ` 1232.60 lakh against the total sanctioned grant of ` 5400.00 lakh under 'Salary'. It also observed that against expected total receipts of ` 19229.10 lakh, the Budget Estimates contain estimated expenditure of ` 20592.00 lakh, there is deficit of ` 1362.90 lakh including 'Salary and Contingency', as under:

(` IN LAKHS) Sr. No.

Name of Scheme GrantExpected


Expenditure Deficit


Total 18243.24 985.86 19229.10 20592.00 1362.90

In view of above, the Vice-Chancellor has kindly approved to impose the conditions for strict

compliance of the same for operation of Budget for the year 2015-16 as under: -

1. The Budget provision under Sub-heads, ‘Salary’, ‘Telephone/Electricity’ and 'Wages' in Non-Plan Vety./Non- Plan Committed schemes may be allowed without any restrictions/cut.

2. The expenditure under ‘TA’, ‘Office Expenses(Recurring)’, ‘POL’, ‘Material and Supply’ and ‘Other Charges’, may be restricted to 50% of the allotment under Non- Plan Vety and Non-Plan Committed schemes during the year 2015-16.

3. The expenditure under ICAR/Misc./UGC schemes may be incurred only to the extent of funds available/grant released by respective Agency.

4. No expenditure under Plan-Vety. schemes may be allowed till further orders.

PTO

-2-

5. The expenditure under, ‘Non-Recurring’ i.e. on Scientific and Lab. Equipments /furniture/office equipments may not be incurred under Non-Plan Vety./Non-Plan Committed schemes.

6. The expenditure on engagement of DPLs may be incurred only to the extent of such DPLs where the Vice-Chancellor has approved for engaging them in the concerned schemes/projects.

7. The financial sanctions for the purchase of equipments/furniture etc. for schemes other than Non-Plan Vety./Non-Plan Committed Vety. after examining the proposals will be accorded by the competent authority empowered in this behalf as per the Statutes. However, no Photo-Copier/ Air Conditioner/Vehicle/Refrigerator/Deep freezer/ Room Heater/LCD/Laptop/Invertors be purchased without the prior approval of the Vice-Chancellor.

A copy of the Budget Estimates for 2015-16 is enclosed herewith for necessary action.

Comptroller,Guru Angad Dev Veterinary and Animal Sciences University,

Ludhiana.

Endst.No.CVU/B-1/15/ Dated Ludhiana the:

A copy of the above is forwarded for information and necessary action to: -

1. The Registrar, GADVASU, Ludhiana.2. All Heads of the Departments/Drawing & Disbursing Officers, GADVASU, Ludhiana alongwith a

copy of the Budget Estimates for 2015-16 of the schemes in operation in their Depts/Offices.3. The Deputy Controller (Local Audit), GADVASU alongwith three copies of the Budget

Estimates for the year 2015-16.


Ludhiana.Endst.No.CVU/B-1/15/ Dated Ludhiana the:

A copy of the above is forwarded to the Secretary to Vice-Chancellor for the kind information of the Vice-Chancellor.


Ludhiana.

CC: AAO (A)/Supdt.(Pay Cell), Suptd. (F), Suptd. (E) & all Sr. Assistants internal.

Subject: - Budget Estimates of Guru Angad Dev Veterinary & Animal Sciences University for the year 2015-16.

The Finance Committee/Board of Management in their 16 th/28th meeting held on 21-03-2015 vide item no. 16.03/28.12 respectively approved the Budget Estimates for 2015-16 of ` 20592.00 lakh have been placed before the Finance Committee out of which estimates of ` 7313.51 lakh pertains to Non-Plan Vety./Non-Plan Committed Schemes which contains ` 6632.60 lakh for 'Salary' and ` 680.91 lakh for 'Contingency'. The University has framed these estimates in the light of sanction of the State Govt. conveyed for ` 5400.00 lakh under ‘Salary' in Non-Plan schemes/Non-Plan committed. By adding estimated income of

` 550.61 lakh total funds of ` 5950.61 lakh will be available under 'Salary' and 'Contingency'. These estimates consist of provision of ` 6632.60 lakh in Non-Plan schemes/ Non-Plan committed under 'Salary' and there is deficit of ` 1232.60 lakh against the total sanctioned grant of ` 5400.00 lakh under 'Salary'. It also observed that against expected total receipts of ` 19229.10 lakh, the Budget Estimates contain estimated expenditure of ` 20592.00 lakh, there is deficit of ` 1362.90 lakh including 'Salary and Contingency', as under:

(` IN LAKHS) Sr. No.

Name of Scheme GrantExpected


Expenditure Deficit


Total 18243.24 985.86 19229.10 20592.00 1362.90

In view of above, the Vice-Chancellor, may be requested kindly to approve the instructions for

imposing the conditions which may be observed strictly for operation of Budget for the year 2015-16 as under: -

8. The Budget provision under Sub-heads, ‘Salary’, ‘Telephone/Electricity’ and 'Wages' in Non-Plan Vety./Non- Plan Committed schemes may be allowed without any restrictions/cut.

9. The expenditure under ‘TA’, ‘Office Expenses(Recurring)’, ‘POL’, ‘Material and Supply’ and ‘Other Charges’, may be restricted to 50% of the allotment under Non- Plan Vety and Non-Plan Committed schemes during the year 2015-16.

10. The expenditure under ICAR/Misc./UGC schemes may be incurred only to the extent of funds available/grant released by respective Agency.

11. No expenditure under Plan-Vety. schemes may be allowed till further orders.12. The expenditure under, ‘Non-Recurring’ i.e. on Scientific and Lab. Equipments /furniture/office

equipments may not be incurred under Non-Plan Vety./Non-Plan Committed schemes.13. The expenditure on engagement of DPLs may be incurred only to the extent of such DPLs where

the Vice-Chancellor has approved for engaging them in the concerned schemes/projects.14. The financial sanctions for the purchase of equipments/furniture etc. for schemes other than

Non-Plan Vety./Non-Plan Committed Vety. after examining the proposals will be accorded by the competent authority empowered in this behalf as per the Statutes. However, no Photo-Copier/ Air Conditioner/Vehicle/Refrigerator/Deep freezer/ Room Heater/LCD/Laptop/Invertors be purchased without the prior approval of the Vice-Chancellor.

May request the Vice-Chancellor, GADVASU to approve the above guidelines so that Budget Estimates for the year 2015-16 may be circulated to the All Deans/Directors/Officers of the University/Heads of the Departments for strict compliance, please.

Guru Angad Dev Veterinary and Animal Sciences University, Ludhiana.

The State Govt. has sanctioned grant for the year 2013-14 of Rs.5400.00 lakh (Copy enclosed

at F/A) and University expected income of Rs.476.63 lakh. The total resources of the University of

Rs.5876.63 lakh. The Budget Estimates for the year 2013-14 has framed of Rs.6326.63.

proceeding 16th meeting

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