Dhaka, June 26 -- Dhaka University (DU) authorities on Wednesday proposed a Tk 810.42-crore budget for fiscal year 2019-20 for the university, keeping a 5.4 percent allocation for research.

The Senate proposed the new budget for the next fiscal year during its annual session at the Sir Nabab Nawab Ali Chowdhury Senate Bhaban in the afternoon with DU Vice-chancellor Prof Dr Md Akhtaruzzaman in the chair.

As per the new budget, the university will spend Tk 40.80 crore for research sector which is 5.4 percent of the total budget, 55.82 percent for salaries and pensions of teachers and staff, 21.19 percent for goods and services, 1.31 percent for special donations and 21.68 percent for others.

DU Treasurer Prof Kamal Uddin placed the budge...