Section 51 in Dr. M.G.R. Medical University (Affiliation of Pharmacy Colleges) Statutes
51.
The interest accrued on the fixed deposit shall be spent on the expenses connected with the conducting of the M. Pharm. Course. The management shall show evidence of a minimum annual income of Rs. 4,00,000 (Rupees four lakhs only) to facilitate the proper conduct of the Post Graduate course in Pharmacy (M. Pharm) in the college. Such amount will be only a portion of the liability which the college is likely to incur every year towards payment of salaries to the" teaching staff and the maintenance of the Post-Graduate Departments.
