There is some temporary relief for the staff of Madurai Kamaraj University (MKU) as the Tamil Nadu government is understood to have released a grant of ₹4.34 crore. With this, the officials said that they would be in a position to disburse salaries for the month of September by next week.
For issuance of salaries and pension to its staff on rolls, the university required around ₹10.5 crore every month. With little reserves at its disposal, the cash-strapped university is confident of releasing salary to its employees latest by Tuesday (October 17).
The State government, which gives a grant of around ₹8 crore (issued in two parts in March and December), has released the second half in advance now so as to enable the administration to clear the salary bill, officials said.
