University of Madras financially stable, has own funds to pay salaries till December: Registrar
The University of Madras has achieved financial stability, meeting salary and pension obligations through its own revenue for the first time in years. The university is now planning for future growth, including infrastructure projects and alumni-funded building renovations.
Why it matters
This marks a significant turnaround for a major public educational institution that previously faced severe financial distress.
After spending years in serious financial doldrums, the University of Madras (UoM) has made “considerable progress towards financial stability” and had been meeting salary and pension payments from its own revenue, according to Rita John, Registrar.
“From April 2026 onwards, the University has been meeting its salary and pension obligations through its own revenue and has set aside funds to meet the expenses till December. Furthermore, based on our anticipated revenue, expenditure projections, and strategic financial planning, we are working towards sustaining these commitments through our resources until March 2027,” Dr. Rita said at UoM Legacy 170, the initiation ceremony of the University’s 170 th year celebrations.
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