The financial management policy aims at the optimal utilization of institution’s financial resources in order to achieve the mission of the college.
The institution has a well-thought-out strategy and procedure in the form of financial policy for the administration of funds.
Planning Committee ensures the proper allocation of funds overseeing the requirements.
Purchase Committee manages the purchase procedures.
The broader categories of financial management policy of the college covers the following areas:
Government funds
Grants
Scholarships
Management
Alumni
PTA funds
Financial Assistance to staff is provided. For attending conferences, workshops, FDP and seminars, the financial assistance is limited to Rs. 1000/- per person in a year.
Proper registers and supporting documents are maintained and submitted to authorities in time.
Internal and external audit of the allocated funds is done as and when it is required.
