Chandigarh, Oct. 23 -- Panjab University (PU) has approved a revenue budget of Rs.942 crore for 2027-28, an increase of Rs.40 crore, or 4.5%, over the Rs.901-crore budget for the ongoing year (2026-27). The budget was approved at a meeting of the university's Board of Finance (BoF) chaired by vice-chancellor Prof Meenakshi Goyal on Thursday. PU expects to generate Rs.185 crore from examination fees in the coming year, compared with Rs.174 crore in the previous year's budget. This is an increase of Rs.11 crore, or around 6.4%. The projected income from partially self-financed courses has also increased. From registration, certificate and common entrance test (CET), however, it expects to see a decline (see box). The higher revenue projections do not necessarily indicate an increase in student fees, as the figures may also reflect changes in enrolment and other factors. Of the total budget, PU expects Rs.436 crore from the University Grants Commission (UGC), Rs.107 crore from the Punjab government and Rs.397 crore through its own revenue sources. These account for approximately 46%, 11% and 42% of the total budget, respectively. Compared with the previous year's budget, the projected UGC grant has increased by Rs.24 crore - from Rs.412 crore to Rs.436 crore. The Punjab government's contribution is expected to rise by Rs.6 crore, from Rs.101 crore to Rs.107 crore. The university's projected internal income has increased by Rs.9.98 crore. Recognising the importance of students' psychological and emotional well-being, the university has increased thenumber of part-time mental health counsellors from two to four. Their monthly remuneration has also been raised by Rs.5,000 per person, from Rs.20,000 to Rs.25,000. The Board of Finance has also approved remuneration for scribes assisting students with disabilities duringexaminations.....