Finance Committee
Finance Committee
Functions and Responsibilities:
- Prepare budget estimates for income from fees, grants, and reimbursements, including fee reimbursements from the government.
- Solicit and evaluate expenditure proposals from various committees, prioritize them, and draft a provisional budget for timely submission to the Governing Body.
- Plan and ensure the optimal utilization of resources through effective fund management.
- Develop a comprehensive expenditure plan for the institution’s day-to-day operations.
- Compile and prepare audited account reports for all financial activities.
- Approve expenditures for the procurement of major equipment, as recommended by the Governing Body.
- Authorize expenditures for constructing new buildings upon obtaining Governing Body approval.
- Update budgetary provisions by assessing the financial implications of various institutional plans.
| S. No | Name of the Member | Designation | Role |
|---|---|---|---|
| 1 | Dr. R. Murali Prasad | Principal | Chairman |
| 2 | Dr. K. Veeraiah | Professor & HOD-MBA | Convener |
| 4 | Dr. I. Adum Babu | Dean HR | Member |
| 5 | Mr. S.M. Hussian | Accountant | Member |
| 6 | Mr. R. Srinivas Reddy | Assistant Professor, MBA | Member |
| S.No | Finance Committee | |
|---|---|---|
| 1 | Minutes of Meeting |