The Hazara University Vice-Chancellor (VC) presented a budget proposal of Rs1.196 billion for the fiscal year 2012-3 here on Friday.
Dr Syed Sakhawat Shah was presiding over the 18th session of the university’s finance committee at the garden campus.
The proposal would be presented for final approval to the university’s syndicates who will discuss it in a meeting likely to be called within two weeks.
The budget proposal, the VC said, carried the approval and establishment of Office for Research Innovation and Commercialisation (ORIC) in the university that would help develop liaison with the researchers of the university and different industrial concerns.
He hoped that ORIC would open new avenues of research and development in the industrial and education sector besides finding jobs for the graduates of the university.
He told the meeting that owing to successful educational and research initiatives, the university has earned good name not only in Pakistan but also abroad.
The number of students and scholars in the university — 9,200 in 32 departments — shows Hazara University’s popularity in the region.
Published in The Express Tribune, May 19th, 2012.