Some universities do not following financial discipline : UGC

Publish: 10:39 PM, September 27, 2021 | Update: 10:39 PM, September 27, 2021

Shafiqul Islam (Shafiq)
Bangladesh University Grants Commission (UGC) Chairman Professor Dr. Kazi Shahidullah said that the financial discipline of some universities in the country is not being followed properly. He suggested spending money in universities as per the guidelines of the government and UGC to overcome this problem. He said any institution, including a public university, needs a good financial discipline to run smoothly. Cause the success of any organization depends on financial discipline.

Therefore, work is underway to formulate a uniform financial policy to bring financial discipline in the university. He was speaking as the chief guest at the inaugural function of a two-day workshop on ‘Budgeting and Implementation of Public Universities’ held at UGC on Monday (September 27). UGC member Professor Md. Prof. Dr. Abu Taher presided over the workshop. UGC member Professor Dr. Sajjad Hossain, Professor Dr. Muhammad Alamgir, Professor Biswajit Chanda and UGC secretary (additional responsibilities) Dr. Ferdous Zaman addressed the function as the special guest. Heads of finance and accounting departments and budget officers of 5 public universities participated in the workshop.

UGC chairman Kazi Shahidullah said the law should not be abused for anyone’s personal interest in the university. You can’t bow to pressure at any level.

Action will be taken against those found guilty of misapplying the law, subject to investigation. The running of the university must comply with the existing laws, regulations and policies of the government and the UGC. He called on the vice-chancellors to create an environment in which the registrars, directors and controllers of the finance and accounting departments of the university could work independently.

He said the unauthorized manpower recruitment in public universities should be stopped. Temporary, master roll, ad hoc, contract and daily wage based jobs will have to be discontinued. Irregular seating allowance cannot be given. If someone has paid a salary allowance for a post outside these rules, they (the university) will have to pay this amount.

Other speakers at the meeting suggested not spending money from one sector to another, not allocating money to unnecessary sectors, spending money at the right time, increasing the university’s own income, forming a syndicate with the above persons. In addition, the speakers called for conducting admission test in cluster system in all the universities of the country from next academic year and reducing the application fee for admission test.