The annual budget of IETC for the FY 2021-2022 along with cost per student (per annum/per month), worked out on the basis of the strength of 236 (as per the audited accounts as on 30th June, 2022) students then, is as under:
|Budget Heads||Total Incurred Expenses against the Budget 2021-22||Cost per student per month||Cost per student per annum|
|Direct Expenses on Students
Nutrition for Children, Text Books, Stationery, Craft Material, Lab Consumables, Upkeep of Cafeteria, Sports Goods & Kits, Library Books etc.
|Indirect Expenses on Students
A. Personnel Cost
Staff salaries, Bonuses, EOBI, Medical Allowance, etc.
|B. Other Indirect Cost
Staff’s Seminars/Workshops/ Professional Development, Staff Uniforms, Functions/Events, Parents/Community Activities, Transportation for Teachers, Security Charges etc.
The cost per trainee/student, according to the incurred expenses against the budget of 2021-22 with the strength of 236 was worked out as Rs. 5,185/- per student per month.