Student Cell/Finance & Purchase Committee
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Finance & Purchase Committee

Creation of the Committee:

The Finance & Purchase Committee represents the Principal on all financial matters of the College. The Principal shall inform and consult with the Finance & Purchase Committee on the construction and implementation of the College budget. The college Finance & Purchase Committee shall review funding, allocations, and expenditures of the College and report to the Management every academic year.

Objectives:

The Finance & Purchase Committee is responsible for all matters relating to the financial affairs of the institution encompassing the areas of s financial planning, financial monitoring and policy related issues and to provide timely advice to Management on areas within its remit.

  • To ensure proper utilization of fund.
  • To ensuring proportionality, transparency, accountability and fairness in the purchasing process
  • To submit the reports to the Management.

Selection procedures:

The faculty and non-teaching staff give their choice for acting as coordinators in the Finance & Purchase Committee. Based on the choice given by the faculty, the College Academic Committee selects the coordinator and members.