DU colleges expect sponsors to put in double the amount they had last year to make annual fests successful
DU colleges expect sponsors to put in double the amount they had last year to make annual fests successful
Recession is over; at least for Delhi University students.
After a record Rs 32-lakh salary package offered to two students of the varsity by a German bank few months ago, the students are now expecting a windfall during their annual college fests. Most colleges are expecting sponsors will pump in double the sum they had last year to make the fests successful.
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Money, money: With more finances coming in, the prize money at fests has also gone up this year |
Stretch budgets
Mecca, the annual Hindu College fest, scheduled to start from December 15, has a budget proposal of Rs 25 lakh. This is more than double the amount the college had received from sponsors last year. Deepak Chaudhary, fest coordinator of Hindu College, said, "Raising funds for a college festival is no child's play but we are very hopeful this year. We are expecting good money from sponsors. Last year the sponsors were not so liberal."
The most sought-after fest at North Campus SRCC College's Crossroads has the biggest budget proposal of around Rs 40 lakh. The four-day event starting from December 18 managed to take out only Rs 29 lakh from sponsors' pockets last year.
"We are planning to invite the Faridkot band this year. In between the fest we will have one management fest where students of IIT, FMS and other renowned B-schools from across India will come together. This time we are also adding one new street football event. We can't reveal the name of our sponsors but we have got a very positive response from the market,'' said Deepak Sharma, SRCC College students' union president.
The college is also organising a national theatre programme called 'Histrionica-09' from December 7. "For this theatre show we have got a good number of sponsors. We are hoping to meet the expected budget target very soon," said Nidhi, one of the organisers of the show. With more finances coming in, the prize money at fests has also gone up this year. With prize money above Rs 5,000 in cash or kind, colleges are vying to outdo each other in various competitions. Organisers of Mosaic Reloaded of Ramjas College, with a budget plan of more than Rs 18 lakh, will be giving prizes between Rs 15,000 and 20,000 to winners of various contests.
"We have already got assurances from most companies. The fest will start on December 10 and Pakistani pop band Strings will perform," said Manu Pandey, Ramjas College students' union president.
Kirori Mal College, where last year the fest budget was around Rs 12 lakh, is hoping to collect Rs 15 lakh this year. Renaissance, the college festival, will be starting after December 18 for two days and students are planning to invite Punjabi pop star Bohemia to perform.
Festival fundingu00a0
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College |
Budget |
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SRCC |
Rs 40 lakhu00a0 |
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Hindu College |
Rs 20 lakh |
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Ramjas College |
Rs 18 lakh |
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Kirori Mal College |
Rs 15 lakh |
