section 3
Proposal for the establishment of the University
The Acharya University Act, 2022Chapter II THE UNIVERSITY AND SPONSORING BODY
(1) The society shall have the right to establish the University of Unitary in nature subject to and in accordance with the provisions of this Act. (2) The proposal to establish a University shall be made to the Government by the society. (3) The proposal shall contain the following particulars, namely:- (i) the objects of the University along with the details of the Society; (ii) the extent and status of the University and the availability of land and the land shall be in the name of the society; (iii) the nature and type of programmes of study and research to be undertaken by the University during a period of five academic years immediately following the commencement date; (iv) the nature of faculties, courses of study and research proposed to be started; (v) the campus development such as buildings, equipment and structural amenities; (vi) the phased outlays of capital expenditure for a period of five academic years immediately following the commencement date; (vii) the item-wise recurring expenditure, sources of finance and estimated expenditure for each student; (viii) the scheme for mobilizing resources and the cost of capital thereto and the manner of repayments to each source; (ix) the scheme of generation of funds internally through the recovery of fee from students, revenues anticipated from consultancy and other activities relating to the objects of the University and other anticipated incomes; (x) the details of expenditure on unit cost, the extent of concessions or rebates in fee, freeship and scholarship for students belonging to economically weaker sections and the fee structure indicating
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