Keeping in view the , the Shiromani Gurdwara Parbandhak Committee (SGPC) is contemplating merging the committee-run educational institutions.
SGPC has recently passed a budget allocation of Rs 1,138.14 crore for the fiscal 2023-2024. The expenditure estimate on educational institutes exceeds revenue estimates by around Rs 30 crore. An amount of Rs 242 crore has been spared for educational institutions whereas the anticipated income could not be more than Rs 213 crore.
Last year (2022-2023), of the total budget of Rs 988.15 crore, an amount of Rs 231.83 crore was kept for Education. As the income generated was not as per the expectations, an extra amount of Rs 37 crore from its golak (donation boxes) had to be pumped in to overcome the deficit.