Finance Committee
Financial Oversight and Budget Management
About the Committee
The Finance Committee is responsible for financial planning, budget oversight, and ensuring the fiscal health of MIT University Sikkim. The committee reviews all major financial decisions and ensures transparency in financial operations.
Key Responsibilities
- Annual budget preparation and approval
- Financial policy formulation and review
- Expenditure monitoring and control
- Fee structure determination and revision
- Investment planning and management
- Financial audit coordination
- Resource allocation for academic and infrastructure development
Meeting Schedule
The Finance Committee meets monthly to review financial reports, approve expenditures, and discuss budget allocations. Special meetings are called as needed for urgent financial matters.
Committee Members
Mr. Ashok Kumar
Chairman
Finance & Accounts
Dr. Rajesh Singh
Vice Chancellor Representative
Administration
Ms. Deepika Sharma
Registrar Representative
Academic Administration
Mr. Sunil Gupta
External Member
Chartered Accountant
Ms. Anita Rai
Secretary
Finance Officer
Financial Transparency
MIT University Sikkim maintains complete transparency in financial operations. Annual financial reports and audit statements are made available to stakeholders and regulatory authorities as required.