UGC approves Tk 10,444 cr budget for 50 public universities

May 17, 2022

The University Grants Commission today approved a budget of Tk 10,444 crore for 50 public universities of the country for 2022-23 fiscal year.
It also approved Tk 71.67 crore budget for itself for the same fiscal year, UGC said in a statement.
Of the amount for 50 public universities, the size of revenue budget is Tk 6,023 crore and the development budget is Tk 4,420 crore.
Last year, UGC approved a budget of Tk 10,032 crore for 49 public universities of the country.
Dhaka University got the highest allocation and Sheikh Hasina Medical University got the lowest allocation for next fiscal year.
The UGC also approved Tk 150 crore for research support in the upcoming fiscal year. The figure increased by Tk 32 crore in comparison to the outgoing fiscal year.
UGC member Abu Taher said that they increased the budget for research as they want to ensure quality education and set up of culture of research. He said that this year, Tk 10 crore was allocated to facilitate teachers getting higher degrees from abroad.

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