VVN Budget approved by the VMC for the current academic session
Status of School Fund School Fund is provided by the ONGC. Due to implementation of 6th Pay Commission, the Vidyalaya could not release 40% of arrears to the employees due to shortage of funds which comes around Rs.61 Lakhs. The Chairman, VMC is requested to kindly do the needful in this regard so that the arrears could be released in terms of Govt. guidelines.
The School fund is used for meeting the requirement of Pay and Allowances and claims of staff members, including recurring and non-recurring expenditure.
Status of Vidyalaya Vikas Nidhi
The VVN is collected through fees and fines from the student of the Vidyalaya. Every year around Rs.42.5 lakhs are collected under this fund and solely utilized for meeting the requirement of the Vidyalaya on day to day basis.
