Funds of the University

Funds of the University.—

1. (i) The University shall have general fund to which the following shall be credited:– a) Its Income from fees, grants, donation and gifts if any; b) Any contribution or grant made by national/international agencies, the Central Government, University Grant Commission, All India Council for Sports Education or like authority, any local authorities or any corporation owned or controlled by the Government and; c) Endowments and other receipts;
2. (ii) The University may have such other funds as prescribed in the Statutes;
3. (iii) The fund and all moneys of the University shall be maintained in such a manner as may be prescribed by the Statutes;
4. (iv) The Government may, every year, provide Grant-in Aid to facilitate and promote studies and research and for carrying out the objectives of the