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State of Jammu-Kashmir - Section

Section 20 in The Jammu and Kashmir Shri Mata Vaishno Devi University Act, 1999

20. General Fund.

- The University shall have a General Fund set up by Shri Mata Vaishno Devi Shrine, Board in the name of the University and operated by the University to which shall be credited-
(i)Rupees twenty crore as a one time capital grant to be made by Shri Mala Vaishno Devi Shrine Board for meeting the non-recurring cost of the University.
(ii)Rupees three crore to be annually contributed by Shri Mata Vaishno Devi Shrine Board;
(iii)its income relating the fee and endowments ;
(iv)contribution or grants which may be made by the Government; and
(v)other contributions or grants,