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Mandatory Disclosure
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Prospective Candidates
Internal Revenue Generation
 
Internal Revenue Generation Scheme commenced at this Institution in pursuance of Industries Department, Orissa. vide letter no. IV.TTI-45/99-4938/I., Bhubaneswar, dated 12.03.1999.
This Institute has successfully utilized the equipments, machines and small tools procured during World Bank Assisted Project in IRG works and also in students use. This institute has generated revenue in Civil Engineering Department by way of testing of various construction materials received from various Govt. and private organizations. The faculties of this institute do visit the project site and collect undistorted samples for testing in our laboratory. The details of revenue generated till date is depicted in the following table.
 
Sl.No
Year
Materials
Power consumption
M/c depreciation, stationery etc.
50% surplus paid to the staff
50% surplus deposited in PL A/c
Total
1.
Balance as on 31/3/06
293444
130335
355102
146667
1002450
1927998
2006-07
2.
Receipt
92559
67754
182687
788870
788625
1920495
Expenditure
5153
108447
16675
741298
------
871573
Balance
380850
89642
521114
194239
1791075
2976920
2007-08
3.
Receipt
106047
78170
192866
816523
824821
2018427
Expenditure
1268
112232
24989
392888
------
931377
Balance
485629
55580
688991
217874
2165896
4063970
2008-09
4.
Receipt
97727
72172
192233
834393
834008
2030633
Expenditure
3825
63216
11926
847761
29221
955949
Balance
579531
64536
869298
204506
3420683
5138654
2009-10
5. Receipt 166113 129678 476124 1502233 1495062 3769210
Expenditure 6018 117564 24518 1509238 ----- 1657338
Balance 739626 76650 1321004 197501 4915745 7250526
2010-11
6. Receipt 169652 98244 276539 1242091 1225274 3011800
Expenditure 4997 112396 42090 1193424 ----- 1352907
Balance 904281 62498 1555453 246168 6141019 8909419
 
 
 
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