THIRUVANANTHAPURAM: Kerala University unveiled an ambitious plan to convert its Kariavattom Campus into a Centre of Excellence at an expense of Rs 300 crore is the highlight of the varsity’s budget proposals for the 2017-18 fiscal.
Syndicate member and Finance Committee convener K H Babujan presented the budget at the Senate meeting here on Tuesday.
The University expects a non-plan income of Rs 429.92 crore and an expenditure of `433.92 crore, with a revenue deficit of Rs 4 crore. The revenue deficit of the university was `99 lakh in 2016-17. The budget is expected to be approved by the Senate on Wednesday after discussions.
The proposal to convert the Kariavattom Campus into a Centre of Excellence will be submitted to Kerala Infrastructure Investment Fund Board (KIIFB). Developing the basic infrastructure facilities on the campus, construction of modern classrooms, seminar halls, hostels and 24-hour digital library are among the proposals.
A heritage village called ‘Kerala Gramam’ will be built on the campus to mark the 60 th anniversary of state formation. A botanical garden of international standard will be developed on the campus.