Section 73 in Grant-in-Aid Code of the Tamil Nadu Educational Department
73. Fixing the amount of grant.
- The amount of grant-in-aid to rural colleges shall be fixed by the Director after a consideration of all the circumstances of the case. Grant payable to a college in any one year will not exceed two-thirds of the approved net cost for the preceding financial year. For the purposes of this rule, the Director shall determine what items may be considered as receipts and approved expenditure.
