ISLAMABAD, Oct 2: The syndicate of the University of Arid Agriculture (UAA) has approved a record Rs268.84 million budget for the current financial year with a surplus of Rs6.800 million, official sources told Dawn.

The budgetary estimates show that the university will have an income of Rs268.840 million against the Rs262.030 million of expenditures during the current financial year.

The major thrust of the budget is on enhancing both academic and infrastructural facilities in all its departments.

The budget was approved in the recently-held 41st meeting of the syndicate, presided over by Vice Chancellor Dr Khalid Mehmood. The budget, presented by Treasurer Mohammad Mubarik Ali Shah, was unanimously approved by the syndicate after having detailed deliberations.

Senior representatives of the finance, agriculture and live stock department of the Punjab government also attended the meeting. They were of the opinion that with the provision of academic and research facilities on the campus, the UAA would be able to expand itself and provide more opportunity to students and teachers.