Wed Oct 15 14:58:09 UTC 2025: **Summary:**

The University of Mysore, a century-old institution, is facing a financial crisis due to a significant shortfall in revenue and a lack of sufficient state government aid. This is primarily affecting its ability to pay pensions to approximately 1,977 retired staff, amounting to ₹9.5 crore monthly. With dwindling resources, the university is struggling to meet this expenditure and has a deficit budget of ₹107.72 crore for the year 2025-2026. The university has requested the government to fully bear the pension costs, but assistance has been limited. An MLC has pledged to raise the issue with the Chief Minister and Minister for Higher Education in an attempt to secure aid.

**News Article:**

**University of Mysore Faces Pension Crisis Amidst Financial Strain**

**Mysuru, Karnataka – October 15, 2025:** The University of Mysore, a venerable institution with over a century of history, is grappling with a severe financial crisis that threatens its ability to pay pensions to its retired staff. The university is currently paying ₹9.5 crore monthly to approximately 1,977 pensioners and is struggling to maintain these payments due to dwindling resources and insufficient aid from the State government.

The issue was a focal point of discussion at Wednesday’s academic council meeting, presided over by Vice-chancellor N.K. Lokanath. Members raised concerns about the delayed pension payments and the university’s growing financial strain.

“The university is facing a severe shortfall of revenue,” stated Vice-chancellor Lokanath. “We have approached the government for aid, but we are currently covering the pension expenditure with great difficulty from our available funds.”

The university’s budget for 2025-2026 reveals a deficit of ₹107.72 crore, with projected revenues of ₹295.59 crore falling short of the expenditure of ₹403.31 crore. A significant portion of the budget is allocated to salaries (₹169.19 crore) and pensions (₹157.54 crore). While the government has allocated ₹50 crore for pension payments, this falls far short of the university’s needs.

Member of the Legislative Council (MLC) Vivekananda pledged to intervene, stating he would take up the matter with the Chief Minister and the Minister for Higher Education. “I will seek aid for the university, whose jurisdictional power has come down with the establishment of new universities in districts,” he said.

An official highlighted the difficulty the university faces in balancing pension obligations with other necessary expenditures. This marks the third consecutive year the university has experienced a revenue shortfall.

The Vice-chancellor warned that it would be “very difficult for the university to pay pensions in the coming months” without increased government support. The future of pension payments, and indeed the financial stability of the University of Mysore, hangs in the balance.

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