A Finance Committee – the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It includes how to rise the capital, how to allocate it i.e. capital budgeting. Not only about long term budgeting but also how to allocate the short term resources like current assets. It also deals with the audited statement of accounts for the University comes under the scrutiny of this committee.
The Constituted Finance Committee Members are as follows:
|A.||Chancellor||–||Ex – Officio Chairperson|
|B.||Vice Chancellor||–||Ex – Officio Member|
|C.||Registrar||–||Ex – Officio Secretary|
|D.||Chief Finance Officer||–||Member|
|E.||One nominee of the State Government|
|F.||One nominee of the Sponsoring Body|
|Ms. Taruna Sharma||–||Member|
|G.||Such other members co-opted by the Chancellor as special invites|
The Pro Chancellor, The Registrar, The Chief Finance Officer shall always be non voting permanent invitee.