6.4.1 Finance Mobilization



PVKN Govt. College employs a variety of strategies to mobilize funds and ensure their optimal use, aimed at enhancing its physical, academic, and infrastructural facilities. Here’s a detailed look at the key strategies and their implementation:

Key Strategies for Fund Mobilization and Utilization

  1. RUSA (Rashtriya Uchchatar Shiksha Abhiyan):

    • Objective: RUSA is a central government initiative designed to improve the quality of higher education.
    • Allocation: PVKN Govt. College received ₹2 crore under this scheme.
    • Utilization: The funds are used for developmental activities such as new construction projects, renovation of existing infrastructure, and enhancing academic and physical facilities. This strategic investment aims to create a more conducive learning environment.

  2. UGC Autonomy Funds:

    • Objective: These funds support the college’s autonomy status and aim to foster research and academic innovation.
    • Utilization: Funds are directed towards motivating students and teachers to engage in research, conducting capacity-building programs, and implementing examination reforms. This enhances academic standards and promotes a culture of research and innovation.

  3. Development of Hostel Facilities:

    • Objective: To improve living conditions for students.
    • Utilization: Additional UGC funds are allocated for upgrading existing hostel facilities and constructing new hostels if needed. This ensures that students have access to quality accommodations during their studies.

  4. Special Fee Funds:

    • Objective: To support various developmental activities.
    • Utilization: Special fee funds collected from tuition and other fees are used for day-to-day operational needs, maintenance, and upgrading of facilities. This helps keep the college infrastructure up to date and functional.

  5. CPDC (College Planning and Development Council) Funds:

    • Objective: To support college development activities through community and alumni contributions.
    • Utilization: CPDC funds are used for a range of initiatives, including infrastructure development, academic programs, and extracurricular activities. These funds come from contributions made by the community, alumni, and other stakeholders invested in the college’s growth.

  6. APCCE Budget:

    • Objective: To cover operational costs and support state-mandated educational policies.
    • Utilization: The budget provided by the Andhra Pradesh Commissionerate of Collegiate Education (APCCE) is used for various operational expenses and to implement state-mandated policies and programs.

Optimal Utilization of Resources

  1. Strategic Planning:

    • Approach: Careful planning is undertaken to prioritize projects based on urgency, impact, and alignment with the college’s strategic goals.
    • Goal: Ensure that all funds are utilized efficiently and effectively.

  2. Monitoring and Evaluation:

    • Approach: Regular monitoring and evaluation processes are in place to track the progress of funded projects.
    • Goal: Verify that resources are used effectively and that projects are completed within the agreed timelines and budgets.

Through these strategies, PVKN Govt. College effectively mobilizes and utilizes funds to continuously improve its educational and infrastructural quality, supporting the overall growth and development of the institution.

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