Monday, July 6, 2009
Based on the budget, I looked at the numbers for IISc. Our plan and non-plan budget was at 130 and 91 crores (total:221) for last year. This has now been revised to 75 and 149 crores (total:224) for this year. This is good news, even though the overall budget is almost the same, the plan and non-plan grants have been changed. The reason is that the non-plan budget accounts for salaries, pensions, electricity, water, internet and library subscriptions. Because none of these heads can be cut, IISc had a tough time because more than 120 crores is required just for this and a deficit budget was always projected. With the sixth pay commission scales, this expenditure would have gone up to 145 crores and this money would, at least, enable a non-deficit non-plan budget for this year. However, the cut in the plan budget would entail reducing the growth of infrastructure.