RU Treasurer Abdul Jabbar Khan placed the budged at a meeting at the RU Vice Chancellor's lounge with Vice-Chancellor Altaf Hossain in the chair.

In the proposed budget, Tk 52.40 crore has been allocated for payments of teachers and other employees. The allocation is Tk 5 crore higher than the previous one.

Sources said that the university sought Tk 130.43 crore from the University Grants Commission (UGC) while the UGC granted only Tk 74.55 crore.

The UGC has directed the university authorities to earn Tk 3.25 crore from internal resources and to reduce subsidy on power, water, telephone and other sectors.

The budget allocated a limited fund for research and education related expenditure. The UGC granted only Tk 5.68 crore for education and research related activities while it was Tk 5.80 crore last year.

The UGC granted only Tk 37 lakh while the university sought Tk 1.5 crore for scientific instruments.

However, the UGC did not grant any fund for new recruitment.

The UGC did not approve regularisation of Rajshahi University School and College in the university fund, too. The University School and College authorities said that they would demonstrate as the UGC had deprived them. The university authority had been assuring them to regularise their jobs under the university budget since 1998.