2 months ago
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For the 4th consecutive year, the century-old University of Mysore is grappling with a gross deficit, with its 2026-27 fund projecting a shortfall of ₹54 crore.
The shortage fund was presented astatine the Academic Council gathering connected Thursday amid declining receipts and rising expenditure. Though the shortfall has narrowed compared to the erstwhile year, the assemblage continues to look superior fiscal constraints, peculiarly successful gathering its pension liabilities, prompting it to question enactment from the State government.
Against the projected gross of ₹384.28 crore for 2026-27, the university’s expenditure is estimated astatine ₹438.04 crore, resulting successful the deficit, according to officials.
The fund was presented astatine the gathering chaired by Vice-Chancellor N.K. Lokanath. Registrar M.K. Savitha and different members were present.
A cardinal origin down the persistent shortfall is the increasing pension burden. The assemblage had sought ₹171.45 crore from the authorities towards pension payments, but lone ₹100 crore has been allocated.
At present, the assemblage has 1,864 pensioners and household pensioners, and the fig is expected to emergence to 1,906 successful 2026-27 with the status of 42 employees, including 18 teaching and 24 non-teaching staff.
The assemblage expects to make ₹108.75 crore during 2026-27 done admissions, affiliations, introspection activities and different fees, successful summation to rental income from its assets.
During the year, the assemblage has projected a authorities assistance of ₹238.57 crore, including ₹122.48 crore for salaries, ₹100 crore for pensions, ₹10 crore for improvement assistance and ₹6.09 crore for Scheduled Castes and Scheduled Tribes pupil welfare. The wage constituent of ₹122.48 crore volition beryllium utilized to wage 200 teaching and 400 non-teaching staff.
