Finance Committee

Mahakaushal University, Jabalpur

The Finance Committee of Mahakaushal University plays a crucial role in managing and overseeing the financial planning, budgeting, and expenditure of the University. It ensures fiscal discipline, transparency, and accountability in the utilization of funds and resources.

The committee supports the University's mission by recommending financial strategies that align with academic growth and infrastructure development.

Constitution of Finance Committeeis as under-

Key Responsibilities

1. Preparing the annual budget and financial estimates for the University
2. Reviewing and recommending proposals for capital expenditure and new projects
3. Monitoring income, expenditure, and fund utilization across departments
4. Recommending policies for fee structures, grants, scholarships, and endowments
5. Ensuring compliance with financial regulations and audit requirements

6. Advising on resource mobilization and financial sustainability

Key Responsibilities

Strategic Focus:

The Finance Committee is dedicated to:

Financial Transparency: Maintaining clear and accountable financial records
Sustainable Growth: Allocating resources for academic and infrastructural expansion
Regulatory Compliance: Adhering to UGC and Government audit and finance norms
Efficiency & Innovation: Supporting cost-effective solutions and value-based financial planning