The University shall get programs/courses accredited by the concerned statutory bodies.

University Funds University Funds

1. (1) The University shall establish a General Fund to which the following amount shall be credited:
   • (a) all fees which may be charged by the University;
   • (b) all sums received from any other source;
   • (c) all contributions made by the Sponsor;
   • (d) all contributions/donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force.
2. (2) The money credited to the General Fund shall be applied to meet all recurring and non-recurring expenditure of the University.
3. (3) The University shall also establish an Endowment Fund provided that the University shall maintain an Endowment Fund of at least Rupees fifty lakhs.
4. (4) The funds established under sub-sections
5. (1) and
6. (3) shall be subject to audit by an independent Chartered Accountant.