Presentation on theme: "1 Block Grant Scheme (BGS) September 11, 2014 1. 2 Block Grant Scheme (BGS) For Non-Plan only. Applicable for five years w.e.f. FY2012-13. Actuals for."— Presentation transcript:
2 Block Grant Scheme (BGS) For Non-Plan only. Applicable for five years w.e.f. FY2012-13. Actuals for FY2010-11 serve as base. Institutes expected to generate 20% of Non- Plan from own sources
3 Block Grant Scheme (BGS) contd. Block Grant per student for FY2010-11 works out to Rs. 2.5 lakh for IITs (Rs. 4.6 lakh for IISc Bangalore). Block Grant for subsequent years indexed based on inflation.
4 Block Grant Scheme (BGS) contd. Salary, Pension, and Others to be calculated separately (savings in one may not be used to meet shortfall in others). All scholarships / fellowships to be charged only to Plan. Cabinet approved.
5 Block Grant Scheme (BGS) - Cost per student (Rs. lakh) (same for all IITs) ComponentFY2010-11FY2013-14FY2014-15 Cost Index1.001.341.49 Salary1.632.192.43 Pension0.520.710.77 Others0.350.470.52 Total2.503.373.72
6 Block Grant Scheme (BGS) – Allocation (Rs. crore) (for IITK) ComponentFY2013-14 (as per BGS) FY2013-14 (Actual Receipts) FY2014-15 (as per BGS) FY2014-15 (BE given by MHRD) Students6,167 6,415 Salary135.3096.86155.88109.50 Pension43.1649.8849.4037.20 Others Shortfall 29.0515.66 13.39 33.3617.80 15.56 Total207.51162.40238.64164.50