(i)The University shall have general fund to which the following shall be credited:–(a)Its Income from fees, grants, donation and gifts if any;(b)Any contribution or grant made by national/international agencies, the Central Government, University Grant Commission, All India Council for Sports Education or like authority, any local authorities or any corporation owned or controlled by the Government and;(c)Endowments and other receipts;(ii)The University may have such other funds as prescribed in the Statutes;(iii)The fund and all moneys of the University shall be maintained in such a manner as may be prescribed by the Statutes;(iv)The Government may, every year, provide Grant-in Aid to facilitate and promote studies and research and for carrying out the objectives of the University.
