section 6
Funding of the Institute
The IIIT-Delhi Act, 2007Education200732 sections6 chapters
Chapter II THE INSTITUTE
Statutory text
Funding of the Institute:
- (1) The Institute shall be funded by the Government of the National Capital Territory of Delhi, and other sources as may be approved by the Board.
- (2) The Institute may receive funds from the Government of India, the University Grants Commission, other state governments, international organizations, private foundations, or through income generated from its own research, consultancy, or other academic activities.
- (a) All funds received shall be credited into the Institute’s fund, which shall be maintained in such manner as may be specified in the Statutes.
- (b) Such funds shall be applied towards meeting the expenses of the Institute, including the payment of charges for its salaries, allowances, and other expenditures in connection with its functioning, in accordance with the provisions of this Act.
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