Karachi: The 26th syndicate meeting of the Federal Urdu University of Arts, Science and Technology (FUUAST) held under the chairmanship of the vice-chancellor of the university approved Rs953.155m for the calendar year 2011-12, a spokesperson said in a press release issued here on Tuesday. The syndicate approved the salary increment, pensions and other incentives for employees as announced by the government during the meeting. Now the university would bear Rs87.596 million additional as compared to last year, the VC said. Treasurer FUUAST Qazi Zafar briefed the members that an amount of Rs504.557m has been granted by the government which is Rs26.581m less than last year's.
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