Section 61(2) in The Hemchandracharya North Gujarat University Act, 1986
(2)The following shall form part of, or be paid into, the University Fund :(a)any contribution or grant by the State Government, the Union Government, or the University Grants Commission;(b)the income of the University from all sources including income from fees and charges;(c)bequests, donations, endowments and other grants, if any;(d)any sum borrowed from the banks with the permission of the State Government.
