University of Madras financially stable, has own funds to pay salaries till December: Registrar

University of Madras. File | Photo Credit: B. Velankanni Raj

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.