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Duties & Responsibility of Committee Members
The Finance Committee shall act as an advisory body to the Governing Body, to consider:
- Budget estimates relating to the grant received/receivable from UGC, and income from fees, etc. collected for the activities to undertake the scheme of autonomy.
- Audited accounts for the above.
- To recommend fixation/revision of fees and other charges payable by the students to the College Governing Council.
- See that expenses incurred have budgetary provision recommend for approval financial proposals made by other committees with or without modification.
- Check that necessary formalities have been observed in incurring expenses.
- Check process bills placed for payment .
- Consider proposal for enhancement of wage/allowance or engagement of temporary staff.