STOCK MARKET BSE NSE

Kariavattom campus gets a Rs 300 crore development plan

The University expects a non-plan income of Rs 429.92 crore and an expenditure of Rs 433.92 crore 

Published: 22nd February 2017 04:14 AM  |   Last Updated: 22nd February 2017 04:14 AM   |  A+A-

By Express News Service

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. 


Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp