Section 134(1) in Maharashtra Public Universities Act, 2016
(1)The university shall establish the following funds, namely :-(a)general fund ;(b)salary fund,-(i)for all posts approved by the State Government;(ii)for all other posts separately;(c)trust fund;(d)development and programme fund;(e)contingency fund;(f)any other fund which, in the opinion of the university, is deemed necessary to establish.
