Financial Meeting: SALU faces Rs202m deficit

SUKKUR: The Shah Abdul Latif University (Salu), Khairpur, is facing a financial crisis with a deficit of Rs202 million. A meeting, presided over by vice chancellor Dr Parveen Shah, was held on Saturday to discuss the university’s finances. “We paid the salaries of our employees by taking a bank loan worth Rs75 million,” she said, adding that the Higher Education Commission is reluctant to release the third quarter of the grant. “We have to increase our own recourses in order to generate the funds.” She told section heads that only necessary expenses will be carried out and part-time allowance will be minimised. Even the affiliation fee of colleges, including the renewal fee, will be increased. The university will take on more students for its MPhil, MS, PhD, Bed and Med programmes. The participants appealed to the chief minister to release a grant of Rs311 million to meet the deficit.

Published in The Express Tribune, January 6^th, 2013.