Finance Committee
Overview The Finance Committee at Geetanjali Institute of Technical Studies (GITS), Udaipur, plays a pivotal role in ensuring responsible financial planning and resource allocation to support the institution’s vision of academic excellence and infrastructural growth. As a statutory body constituted under AICTE norms, the Committee upholds transparency, accountability, and strategic foresight in financial decision-making. 🎯 Objectives
- To formulate and recommend the annual budget and resource allocation for academic and administrative purposes.
- To oversee and review expenditures and ensure compliance with statutory financial guidelines.
- To support infrastructure development, student welfare, and faculty initiatives through effective fund management.
- To monitor financial audit reports and suggest corrective measures when required.
‍💼 Composition of the Committee The Finance Committee is constituted as per AICTE and RTU regulations and includes senior representatives from the management, academic administration, and finance division:
| S. No. | Name | Designation | Role |
| 1 | Dr. S M Prasanna Kumar | Director | Chairman |
| 2 | Shri B L Jangir | Finance Controller | Secretary |
| 3 | Dr. Manish Varma | Dean Academics | Member |
| 4 | Dr. Mayank Patel | Head, CSE | Member |
| 5 | Dr. Arvind Singh Pemawat | TPO | Member |
đź“‹ Functions & Responsibilities
- Drafting and recommending the annual financial budget.
- Reviewing and recommending proposals related to capital expenditure.
- Scrutinizing proposals for research funding, lab development, and scholarships.
- Supervising the utilization of government and private grants.
- Advising on cost control measures and financial efficiency.
đź“… Meeting Frequency The Finance Committee typically meets twice a year or as required to review financial matters and recommend necessary actions to the Governing Body of GITS. Â
