Panjab University news: The Panjab University (PU) Board of Finance (BoF) on Monday approved a budget of Rs 901.61 crore for the financial year 2026–2027. The budget envisages total expenditure of Rs 901.61 crore against an expected income of Rs 387.54 crore. According to the budget estimates, the university expects to earn Rs. 387.54 crore during 2026–27 through internal revenue sources, which includes Rs 100 crore from partially self-financed courses; Rs. 20.50 crore from the Centre for Distance and Online Education (formerly USOL); Rs 174 crore from examination fees, Rs 21.50 crore from fees from university teaching departments; Rs 36 crore from registration, certificate, and CET fees; Rs 14.70 crore from hostels; Rs. 7.37 crore from sports fees (PUSC); and Rs 13.47 crore from other sources such as interest, late admission fees, sale of admission forms, and affiliation continuation fees. The PU will receive Rs 412.17 crore from the University Grants Commission (UGC) and Rs 101.68 crore from the Punjab government during 2026–27. To meet the liability of payment of arrears of revised pension, the Punjab government has been requested to release a one-time additional grant of Rs 128.95 crore. The representative of the Punjab government stated that the proposal for the same be submitted through the concerned administrative department for consideration. Panjab University's student-centric plans Under the capital expenditure plan, the university has announced several development and student-centric projects. It has proposed to set up an indoor stadium for volleyball, basketball and the boxing training hall in the Sector-14 PU Campus at an estimated cost of Rs 4.69 crore. Two new synthetic tennis courts will also be constructed in the campus in Sector 14, at a cost of Rs 46 lakh. In addition, renovation and upgradation of student amenities form a major part of the expenditure plan. The university will undertake the renovation of washrooms of Blocks I, II, and IV in Boys Hostel No. 6, renovation of kitchen and mess areas in Girls Hostel No. 2 and Boys Hostel No. 2, and installation of a rainwater harvesting system at Girls Hostel No. 11, with a total estimated cost of Rs 3 crore. Infrastructure of the Central Placement Cell and the University Health Centre will also be upgraded, with proposed expenditures of Rs 1.84 crore and Rs 89 lakh respectively. To support the overall physical development of the campus, strengthening of general infrastructure has been allocated Rs 11.69 crore. Around Rs. 5.50 crore has been proposed for upgradation of the electrical system across the campus to ensure energy efficiency and safety, and Rs 4.80 crore has been set aside for modernisation of academic and research facilities, including laboratory refurbishment and ICT enhancement, while Rs 3 crore has been proposed for digital infrastructure, smart classrooms, and blended learning facilities to strengthen the teaching–learning ecosystem.
