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Cheema approves release of ₹25.75 crore for new degree colleges during FY 2022-23

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Chandigarh, August 12

Punjab minister for Finance, Planning, Excise and Taxation, Advocate Harpal Singh Cheema has approved the release of Rs. 25.75 crore to new degree colleges being established across the state.

In a statement issued here today, Advocate Harpal Singh Cheema said that under the leadership of Chief Minister Bhagwant Mann, Punjab Government is committed to strengthen the Higher Education infrastructure in the state. Towards this end, the Department of Finance has approved release of funds to 10 degree colleges in the State. He further added that the Finance Department has also released a total of Rs. 30.23 to the Higher Education and Language Department during last four months. It includes Rs. 22.5 crore to Punjabi University, Patiala, Rs. 7.1 crore for Panjab University, Chandigarh and Rs. 6.2 crore for Jagat Guru Nanak Dev Open University, Patiala.

Sharing the details of the funds being released for new degree colleges, Cheema said that the Finance Department has approved the release of funds amounting Rs. 4.56 crore for Government College Abohar (Fazilka), Rs. 4.26 for Government College Mahian Anandpur Sahib, (Ropar), Rs 3.80 crore for Government College Chabbewal Mukhliana, Hoshiarpur, Rs. 3.71 crore for Government College for Girls, Malerkotla, Rs. 1.97 crore for Government College Sidhpur, Gurdaspur, Rs. 1.86 crore for Government College, Husner, Gidarbaha, Sri Muktsar Sahib, Rs. 1.10 crore for Government College Jadla, SBS Nagar, Rs. 65 Lakh for Government College Dholbaha, Hoshiarpur, Rs 98 Lakh for Government College Shahkot, Jalandhar and Rs. 2.86 crore for Government College Danewala, Malout.

Describing quality education as one of the key priorities of the Mann government, the Finance Minister said that Rs 205.13 crore has been released to the School Education department during the first four months of the current FY 2022-23. He said that the Education Sector of the state will not face any shortage of funds as the Punjab Government is committed to securing the future of the state.

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