The education sector received an allocation of Tk 17.20 crore (16.79 percent), Tk 3.72 crore higher than in the previous budget. However, much of the funds will be spent on salary, allowance and pension.

Placing the budget, Treasurer Prof. Syed Rashidul Hasan said three new funds, including proctorial emergency funds, have been shown in the new budget and Tk one lakh has been earmarked for each fund.

This is the highest ever budget in the history of the university, with a deficit of Tk 5.83 crore. The treasurer also placed a Tk 97.18 crore revised budget for 2003-04 fiscal.

In the new budget, Tk 70.32 crore has been allocated for salary, allowance and pension and Tk 14.86 crore for general activities and other sectors.

The two-day annual session of the Senate began yesterday with Vice Chancellor Prof. SMA Faiz in the chair.

Prof. Faiz sought cooperation from all in running the university smoothly.

He also condemned the attack on Prof. Humayun Azad, who was stabbed on February 27, and demanded immediate arrest of and punishment to the attackers.

He said the university is going to organise the convocation in December.

Meanwhile, Progotishil Chhatra Jote (PCJ), a platform of left-leaning student organisations, yesterday laid siege to the VC office demanding 25 percent allocation for the education sector in the national budget, increased allocation in the education-related sector in the DU budget and a separate pay scale for the DU teachers.