Functions & Responsibilities:-

To consider the annual accounts and financial estimates of the institution and submit them to the Governing Body for approval.
To consider and recommend the annual budget and revised estimates to the Governing Body.
No expenditure other than that provided in the budget shall be incurred by the Institute without the approval of the Finance Committee.
To recommend to the Governing Body the creation of all types of posts and to provide the financial estimates in respect of building and other infrastructural facilities that are planned to be provided based on the recommendations stated.