University shall be Self-Financing

The University shall be self-financing. The State Government shall have no objection to the University obtaining grants, soft loans from various funding organizations, institutions and agencies including International and bilateral agencies, for expansion, modernization of the facilities and augmenting the quality of education, training and research that is carried out at the University and in its accredited or affiliated training institutions or facilities provided that there shall be no financial obligation on the part of State Government. (2) The University may, with the prior approval of the Board of Governors, accredit any Registered Training Organizations or facilities in lndia or abroad after the compliance of the provisions prescribed as mentioned in sub-section (a) of Section 3 in order to fulfil the objects of University as mentioned in the Section 6.

The University shall be self-financing. The State Government shall have no objection to the University obtaining grants, soft loans from various funding organizations, institutions and agencies including lnternational and bilateral agencies, for expansion, modernization of the facilities and augmenting the quality of education, training and research that is carried out at the University and in its accredited or affiliated training institutions or facilities provided that there shall be no financial obligation on the pafi of State Government.