Monthly Financial Management Report(Till January 2017)
Activities Total funds received
till date
(in lakh)
Category of expenditure (Head of expenditure) Cumulative exp. Up to previous month of reporting since inception (in lakh) Exp. During the reporting month  
(in lakh)
Total cumulative expenditure up to reporting month (4+5) (in lakh) committed Expenditure      (in lakh)
Procurement of goods (equipment, furniture, books, LRs, software and minor items) and civil works for improvement in teaching, training and learning facilities 1750.000 Procurement 576.197 -- 576.197 243.387
Provide Teaching and Research Assistantships for signficantly increasing enrolment in existing and new Masters and Doctoral programmes in Engineering desciplines Assistantship 131.493 0.560 132.053 0.560
Enhancement of R & D and institutionsal consultancey activities R & D 156.075 4.829 160.904 66.800
Faculty and staff development for improved competence FSD 249.633 1.593 251.226 16.000
Enhanced interaction with Industry I-I-I- Cells 30.948 0.592 31.540 --
Institutional Management Capacity enhancement Capacity development 15.741 -- 15.741 --
Implementation of Institutional academic reforms Reforms 93.548  -- 93.548 --
Academic support for weak students Student support 16.049 1.060 17.109 3.000
Incremental operating cost IOC 176.228 1.183 177.411 1.185
Total 1750.000   1445.912 9.817 1455.729 330.932

” The amount of grant has been utilized for the purpose for which it is sanctioned with due regard to economy, efficiency and sustainable achievement of the project objectives. The procurement has been made as per the procurement guidelines of the World Bank and wherever applicable, it has been done through the PMSS only.”

Audit Report for FY 2015-16
Audit Report for FY 2014-15
Audit Report for FY 2013-14
Audit Report for FY 2012-13


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Karnataka, India.

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