Jagannath University has approved a budget of Tk 297.82 crore for the 2025-26 fiscal year, alongside a revised underdevelopment budget of Tk 179.09 crore for the current 2024-25 year.
The decisions were made during the university’s 102nd (special) syndicate meeting held on Monday, chaired by Vice-Chancellor Professor Dr Md Rezaul Karim. Treasurer Professor Dr Sabina Sharmin presented the new budget, with detailed figures outlined by Professor Dr Sheikh Rafiqul Islam, Director of Finance and Accounts.
The FY2025-26 budget allocates Tk 8.03 crore for research, Tk 25 lakh for primary healthcare, Tk 58.21 crore for various grants, Tk 4.92 crore for machinery, Tk 3 crore for vehicles, Tk 1.7 crore for information technology, and Tk 80 lakh for other capital sectors. Salaries and allowances account for Tk 128.6 crore, while Tk 84.31 crore is set aside for goods and services.
Student welfare remains a priority, with Tk 56 crore allocated for supplementary scholarships and Tk 24.9 crore for constructing temporary residential halls.
The university’s flagship development project—‘Establishment of 2nd Campus of Jagannath University: Land Acquisition and Development (1st Revised)’—has a total estimated cost of Tk 1,746.06 crore, with Tk 84 crore included in the revised FY2024-25 budget and Tk 389.61 crore allocated in the FY2025-26 main budget.
Vice-Chancellor Dr Rezaul Karim expressed gratitude to the University Teachers’ Association, faculty, students, officers, and staff for their support in driving forward the second campus project and ensuring smooth budget approvals. He also thanked the University Grants Commission leadership, expressing confidence in the successful completion of ongoing projects and student-focused initiatives.
