Admission
RESOURCE MOBILIZATION POLICY
INTRODUCTION
AME’S Dental College and Hospital is a self-financing, affiliated institution of Rajiv Gandhi University (RGUHS) and has a precise channel to monitor effective and efficient use of available financial resources.
BUDGET
A proper system of financial planning is ensured by the Finance Committee constituted by the Management of the college. The annual budget is prepared by the Budget Committee and the general development plan prepared by the Administrator and approved by the Management. Budgetary allocations are made for the requirements of both academic and administrative activities. Finance Section of Administrative office keep records of all financial transactions under the control of the Chief Accountant.
SOURCES OF INCOME
Funds are raised internally by way of fees collection from students, hospital collections. Fee is collected digitally by RTGS/NEFT or through Cheque/DD/Cash directly deposited by the students in our bank account. Hospital collections are deposited with bank as per the directions of the Management of the college. To step up additional financial sources, the institution undertakes research projects from various funding agencies. The funds so received are utilized as per the guidelines of the respective funding agencies.
UTILISATION OF FUNDS
The funds which have been collected through the different sources are utilized for infrastructure development , library development, general maintance and purchase of the materials in all the department, and salary for all the teaching and non teaching staff. To ensure effective utilization of funds, all purchases are made with the approval of the authorities and on the basis of quotations received without compromising on quality and maximum warranty period is insisted on all the items. Structured mechanism is in place for using the consumable items. The college avoids non budgetary expenditures.