Monthly Financial Management Report(Till December 2016)
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 130.933 0.560 131.493 0.560
Enhancement of R & D and institutionsal consultancey activities R & D 137.104 18.971 156.075 66.800
Faculty and staff development for improved competence FSD 248.627 1.006 249.633 16.000
Enhanced interaction with Industry I-I-I- Cells 30.382 0.566 30.948 --
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 14.912 1.137 16.049 3.000
Incremental operating cost IOC 174.449 1.779 176.228 1.185
Total 1750.000   1421.893 24.019 1445.912 330.932

” 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


Contact us

Prasad Krishna, Professor & Coordinator
TEQIP-II, NITK, Surathkal
P. O. Srinivasnagar, Mangalore - 575 025
Karnataka, India.

  • Hot line: +0824-2474082

Connect with us

We're on Social Networks. Follow us & get in touch.