Patiala, April 9: The Chief Minister (CM) of Punjab, Captain Amarinder Singh has increased the annual grants to the Punjabi University of Patiala. Earlier the Punjab CM had announced a special one-time grant of Rs 50 crore. Now the amount of annual grant has been increased from Rs 88 crore to Rs 93.37 crore. And for establishing two research chairs in the university Rs 4 crore has been released out of 93.37 crores.

This year the university’s grant has almost been doubled by the government against the previous financial year’s funds. The Punjabi University has received such huge outlay of the budget for the very first time.

According to the HT reports, the Punjab government has sanctioned Rs 147.37 crore funds for the university as per the final approved budgetary allocations. Whereas last year’s allocation was of Rs 88.08 crore. This includes the Rs 50 crore one-time special grant to solve the financial crunch of the university.

A budget provision of Rs 251 crore has been made by the Punjab government for the universities in Punjab, as per as the data. Out of these, 60% amount goes to the Punjabi University, which is catering to the Malwa region of the state.

Vice-Chancellor of Punjabi University, Dr BS Ghuman met the chief minister and health minister Brahm Mohindra, to request an increase in the budgetary allocations. And the increase in the annual grants has come after a persistent appeal made by VC Ghuman to the Punjab CM.

He said, “The increase in budgetary allocations, is an indicator of the state government’s faith in the university.” He further added, “It is now our responsibility to give a dividend to the state government by creating the quality human resource.” VC Ghuman said that the university will soon start new courses to compete with other universities.