Powers and functions of University

The University shall exercise the following powers and perform the following functions, namely:- (a) to provide for research and instruction in such branches of learning as the University may think fit and to take such steps as it considers necessary for the advancement of learning and dissemination of knowledge; (b) to hold examinations and grant such degrees, diplomas and other academic distinctions or titles to persons as may be laid down in the Statutes, Ordinances or Regulations; (c) to confer honorary degrees or other distinctions on approved persons in the manner laid down in the Statutes; (d) to institute prizes, medals, research studentships, exhibitions and fellowships; (e) to receive gifts, donations or benefactions from the Government and to receive gifts, donations and transfers or movable or immovable property from transferors, donors, testators, as the case may be; and to create such corpus fund with the donations so received for the welfare of the University; (f) to institute principalships, professorships, readerships, lecturerships, and to create other posts of any description required by the University and to appoint persons to such posts; (g) to co-operate with educational and other institutions in India and abroad having objectives similar to those of the University in such manner as may be conducive to their common goals; (h) to provide instructions, including correspondence and such other courses, to such persons as are not members of the University, as it may determine. (i) to recognize persons for imparting instructions in any college or institution admitted to the privileges of the University; (j) to maintain colleges located within the limits of the area referred to in sub-section (1) of section 4 or, subject to the provisions of sub-section (2) of that section, admit to its privileges colleges not maintained by the University but located within the said area and to withdraw the same; (k) to declare a college, an institution or a department as autonomous college or institution or department, as the case may be; (l) to borrow with the approval of the Government, on the security of the property of the University, money for the purposes of the University; (m) to supervise, control and regulate the residence, conduct and discipline of the students of the University and of colleges and institutions within the jurisdiction of the University; (n) to deal with any property belonging to, or vested in the University, in such manner as the University may deem fit for advancing the objects of the University; (o) to assess the needs of the State and country in terms of subjects, fields of specialization, levels of education and training of manpower both on short and long term basis and to initiate necessary programmes to meet those needs; (p) to organize advanced studies and research programmes based on a deep understanding of the trends in such branches of learning as the University may think fit; (q) to promote research, design and developmental activities that have a relevance to social needs and the development programmes of the State; (r) to initiate measures to enlist the co-operation of industries and Government employees to provide complementary facilities; (s) to provide for continuous experimentation in imparting knowledge, organization of training and preparation of text-books and other instructional materials; (t) to arrange for progressive introduction of continuous evaluation and re-orientation of the subjects in educational measurement; (u) to further entrepreneurial ability among its students; (v) to educate the public with regard to the requirement of, and opportunities for the advancement of learning and dissemination of knowledge; (w) to make special arrangements for the education of students and the students belonging to weaker sections of the society, in particular Scheduled Castes and Scheduled Tribes as the University may consider desirable; (x) to frame Statutes, Ordinances or Regulations and alter, modify or rescind the same for all or any of the aforesaid purposes; and (y) to do all such things as may be necessary, incidental or conducive to the attainment of all or any of the objects of the University. (1) The Finance officer shall be a whole-time salaried officer of the University and shall be appointed by the Executive Council on the recommendations of the Selection Committee, on such terms and conditions as may be prescribed by the Statutes. (2) The Finance Officer shall be ex-officio Secretary of the Finance Committee, but shall not be deemed to be a member of such Committee. (3) When the office of the Finance Officer is vacant or when the Finance Officer is by reason of illness or any other cause is unable to perform the duties of her office, the duties of the officer shall be performed by such person as the Vice-Chancellor may appoint for the purpose. (4) The Finance Officer shall--- (a) exercise general supervision over the funds of the University and shall advise it as regards its financial policy; and (b) perform such other functions as may be assigned to her by the Executive Council or as may be prescribed by the Statutes. (5) Subject to the control of the Executive Council, the Finance Officer shall--- (a) hold and manage the property and investments of the University including trust and endowed property; (b) ensure that the limits fixed by the Finance Committee for recurring and non-recurring expenditure for a year are not exceeded and that all moneys are expended on the purpose for which they are granted or allotted; (c) be responsible for the preparation of annual accounts and the budget of the University and for their presentation to the Executive Council; (d) keep a constant watch on the state of the cash and bank balances and on the state of investments; (e) watch the progress of the collection of revenue and advise on the method of collection to be employed; (f) ensure that the registers of buildings, land, furniture and equipment are maintained up-to-date and that stock checking of equipment and other connected materials in all offices, special centres, specialized laboratories, colleges and institutions maintained by the University is conducted; (g) bring to the notice of the Vice-Chancellor any unauthorized expenditure and other financial irregularities and suggest action to be taken against the person responsible for it; (h) call for from any officer, centre, laboratory, college or institution maintained by the University, any information or returns that she may consider necessary for the performance of her duties. (6) The receipt of the Finance Officer or of the person or person duly authorized in this behalf by the Executive Council for any money payable to the University shall be sufficient discharge for payment of such money.