Budget

Budget Allocation:

Budget is allocated for the maintenance of Land, Building, Furniture, Equipment, Computers and Transport.
The college prepares a budget for the maintenance of its infrastructure . The allocated budget is fully utilized and care is taken to minimize the expenditure keeping in view the quality . The maintenance is monitored by the Principal and the members of campus maintenance committee and supporting staff. All the infrastructure facilities are used effectively.
The government of AP grants budget for machinery and equipment. The maintenance expenditure is met from these grants besides the upgrading of equipment. Special fee funds are utilized for maintenance of land, buildings and furniture.
On an average about five lakhs per year is spent for electricity and water supply, the grants spent during the previous years is given. An amount of Rs.2,80,000 is earmarked for campus maintained in the year 2009-10.

Budget is optimally allocated and utilized:

Periodical meetings are held to ensure the effective utilization of available funds. Indents from various departments are obtained before allotting the budget. The expenditure made by the department in previous year is also considered while allotting the budget. The needs and conditions of different departments support services and student welfare activities are kept in view for allocating the available financial assistance. The conveners are guided suitably to make the expenditure as per the rules & regulations of the Government. The proposed allocation is discussed with finance committee and finally allot the budget to different needy ends/activities for effective utilization.

The   following   amounts were   spent   for   augmenting   the   Laboratory   Equipment   and Computers infrastructural facilities during the last 5 years making use of UGC funds.

UGC Funds allocation, released and spent of amounts

S.No Name of the Scheme Grant Allocated Grant Released Amount Spent
A) X Plan Development Assistance
(i) UG Development Assistance
10,40,400
10,29,996
10,29,996
(ii) PG Development Assistance
--
--
--
(iii) Women’s Hostel
80,00,000
80,00,000
80,00,000
Total
90,40,400
90,29,996
90,29,996
B) XI Plan Development Assistance
(i) UG Development Assistance
19,50,000
16,59,739
16,59,739
(ii) PG Development Assistance
--
--
--
(iii) 14 merged Scheme
83,95,000
55,60,025
64,35,323
Excess
Total
1,48,45,000
1,17,19,764
1,31,02,862
C) Grant Received during XII plan
78,65,000
27,91,250
7,64,880
D) Autonomous Grant
2007-08
4,00,000
4,00,000
4,30,788
2008-09
20,00,000
20,00,000
20,00,000
2009-10
20,00,000
20,00,000
20,00,000
2010-11
20,00,000
20,00,000
20,00,000
2011-12
20,00,000
20,00,000
20,11,376
2012-13
20,00,000
20,00,000
20,00,000
2013-14
20,00,000
20,00,000
20,00,693
2014-15
20,00,000
16,00,000
20,00,429
Total
1,44,00,000
1,40,00,000
1,24,42,857