Chandigarh: The hyped rose festival being held at Panjab University is going to add more financial burden to the University. Even when it has been sponsored by more than five well-known brands and numerous paid stalls have been setup. “The expenditure on the event is greater than the revenue which is being generated,” said Anil Thakur, head of the Rose Festival Organising Committee.
Anil Thakur, head of the Rose Festival Organising Committee also added that they have tried to low the expenditure by earning through sponsors and setting up stalls and amusement rides. More than 30 stalls have been set up at the festival and around five fun rides are available at the festival.
On other hand, the university is organising an extravagant event on the second day of the festival ie on Saturday.
The have invited stage comedian Prince Garga and Jagdeep. Magician Smarat Ashok will also be luring the public on the day. The university will be generating revenue for the event from participation fee, sponsors like State Bank of India, Coca Cola etc. and by paid stalls at the festival. The participation fees for various competitions to be held are Rs 100 and Rs 200.
The revenue earned by sponsors have not been disclosed by the authorities while for setting up stalls a fees of Rs10,000 is being charged. The university will earn around Rs 3,00,000 from the stalls. The stall owners were enthusiastic for the investment. “We are expecting around 50-60 clients,” said Arun Chawla of Hermitage Park. A variety of cultural programmes were presented by the students of Ankur School and Guru Gobind Singh Vidya Mandir, Ratwara Sahib. A skit on ‘Swachh Bharat’ was also presented by NSS volunteers.
The audience appreciated and applauded these performances. Flower Competition was held on Friday. About 350 participants put up their displays in their respective competition. Chandigarh Housing Board bagged maximum number of prizes (22) followed by Shivaalik Nursery (13). Other prominent winners were Punjab State Warehousing corporation and CRRID.
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