University of Madras financially stable, has own funds to pay salaries till December: Registrar
The University of Madras, once mired in financial instability, has demonstrated significant strides towards financial stability, according to Rita John, the university's Registrar. From April 2026 onwards, the institution has successfully met its salary and pension obligations using its own revenue, and has set aside funds to continue covering these expenses until December. Rita further stated that the university is actively planning to maintain these commitments through its resources until March 2027.
Dr. John highlighted the university's journey from a "tight financial situation" to a stable state, noting that it has managed to clear all backlog certificates and fill the full strength in Mathematics and Physics departments. The Ramanujam Institute of Advanced Study in Mathematics, celebrating its 100th year, is also set to receive a new building, with four alumni already pledging funds for the project.
An MoU will soon be signed with these alumni, and the foundation stone for the new building will be laid before construction begins.
This year marks the 170th anniversary of the University of Madras, and Rita John expressed the institution's intention to strengthen its bond with alumni during the celebrations. She also sought ₹100 crore from the government for the renovation of the Senate House. Dheeraj Kumar, the Higher Education Secretary, emphasized the university's historical significance as the "mother of all universities in South India," noting its strong ties with various universities and the prestigious alumni it boasts, including six former Presidents of the country and two Nobel laureates.
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