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BUDGET COMMITTEE

BUDGET COMMITTEE

ANNADA COLLEGE, HAZARIBAG
BUDGET COMMITTEE

Ensuring Sound Fiscal Management, Strategic Allocation, and Resource Optimization

 

1. Overview & Mandate

The Budget Committee functions as a supervisory and advisory body for the college administration at Annada College, Hazaribag. Its primary mandate is to provide guidance on matters concerning financial planning, budget allocation, and the optimum utilization of the institutional financial resources to sustain high academic standards and infrastructural viability.

2. Core Purpose & Fiscal Policy

“To establish sound fiscal discipline, evaluate institutional income and expenditure patterns, formulate structured annual budgets, and guarantee that Annada College remains financially viable, transparent, and resilient at all times.”

 

3. Committee Composition

Sl.

Designation in Cell

Name / Profile

Institutional Designation

1

Chairperson

Dr. Nilmani Mukherjee

Principal (Ex-Officio)

2

Vice-Chairperson

Dr. Ajit Kumar Shrivastava

Prof-in-Charge (Ex-Officio)

3

Co-Ordinator

Dr. Anjan Chowdhury

Head & Asst. Professor, Faculty of Commerce

4

Member

Dr. Chhaya Singh

Asst. Professor, Dept. of English

5

Member

Dr. Krishna Kumar Yadav

Head & Asst. Professor, Dept. of Economics

6

Member

Dr. Barnango Banerjee

Co-Ordinator, IQAC & Bursar (Ex-Officio)

7

Member

Accountant (Ex-Officio)

Finance & Accounts Section

 

4. Functions & Key Responsibilities

·         Income & Expenditure Assessment: To assess the projected revenue and operational expenditures of the college prior to initiating the annual budget formulation process.

·         Principles of Sound Fiscal Management: To adopt, execute, and monitor recognized principles of financial governance and fiscal prudence across all institutional operations.

·         Head-Wise Budgetary Allocation: To identify statutory and developmental heads of allocation and make accurate budgetary provisions for academic, infrastructural, and administrative needs.

·         Guidelines & Rule Framing: To establish clear-cut rules, standardized operational procedures, and audit guidelines governing the budgeting process and departmental expenses.

·         Financial Viability & Accountability: To ensure that the college administration discharges its financial responsibilities with accuracy, transparency, and compliance, keeping the institution financially viable at all times.

 

5. Contact & Finance Desk

Budget & Accounts Section:
For departmental budget requisitions, expenditure audits, or financial inquiries, contact:
• Office: Budget Committee / Bursar & Accounts Section, Annada College, Hazaribag
• Annual Financial Statements: Maintained and audited as per statutory standards

 

 

Committee Activities Report

Month Activity Report
No reports available at this time.