NMU annual budget to delay following elections

NMU annual budget to delay following elections:
North Maharashtra University’s annual budget for the year 2011-12 is likely to be presented in June following on-going election process for senate members. This process follows management council election and both would likely result in around 2-3 months delay in the whole process.
NMU had 96 Crores annual budget in 2010-11 and had deficits of 7.99 Crores and reserves of 9.66 Crores. NMU resources count has touched 550 with monthly payments of 1.80 Crores which includes 1.40 Crores payments from Government aids. The last budget had indoor stadium, helping weaker section students and central laboratory works and around 1.50 Crores cost based annual convocation ceremony dias and sitting arrangements.

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