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Finance Committee

The Finance Committee of Sri Venkateshwara University is the principal body responsible for overseeing the University’s financial planning, budgeting, and expenditure. The Committee ensures fiscal discipline, transparency, and accountability in the management of funds, while providing strategic guidance to support the University’s academic growth and infrastructure development.

Composition of the Finance Committee
S.No Name & Designation Role in Committee
1 Prof. (Dr.) Mohan, Vice-Chancellor Chairperson (Ex-Officio)
2 Prof. (Dr.) Hari Bhushan Prasad, Registrar Member Secretary (Ex-Officio)
3 Mr. Mohit Garg, Finance Officer Member (Ex-Officio)
4 Dr. Aruna Yadav Representative nominated by the Board of Governing
5 Dr. Dipanshu Rao Representative nominated by the Board of Governing
6 Mr. Nityanand Representative nominated by the Board of Governing
7 Prof. (Dr.) B. Ganesh, Dean, Academic Affairs Member

Note: At least one representative nominated by the Board of Governing shall not be a University employee.

Functions of the Finance Committee
  • Examine and recommend the annual budget estimates and University expenditures to the Board of Governing.
  • Review financial proposals, the creation of new posts, and any expenditures not included in the approved budget.
  • Provide advice on financial management, planning, and utilization of funds for academic and infrastructural initiatives.
  • Recommend audited accounts, revised estimates, and other significant financial decisions to the Board of Governing.
  • Ensure financial discipline, transparency, and compliance with all statutory and regulatory requirements.
Key Responsibilities
  • Formulate the University’s annual budget and financial estimates.
  • Review and recommend proposals for capital expenditure and new initiatives.
  • Monitor income, expenditure, and the utilization of funds across all departments.
  • Recommend policies related to fees, grants, scholarships, and endowments.
  • Ensure adherence to financial regulations and audit requirements.
  • Provide guidance on resource mobilization and long-term financial sustainability.
Strategic Priorities
  • Financial Transparency: Maintaining accurate and accountable financial records.
  • Sustainable Growth: Strategically allocating resources to support academic and infrastructural development.
  • Regulatory Compliance: Ensuring adherence to UGC norms and statutory audit requirements.
  • Operational Efficiency: Promoting cost-effective financial management and innovative resource planning.

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