Amendment status not verified — confirm the current text below against the official source.
Powers and functions of the University.- The powers and functions of the University shall be,- (i) to administer and manage the University and such centres for research, education and instruction as may be necessary for the furtherance of the objects of the University; (ii) to provide for instruction in such branches of knowledge or learning pertaining to economics and other social science subjects, as the University may think fit and to make provision for research and for the advancement and dissemination of knowledge in these subjects; (iii) to organize and undertake extra-mural teaching and extension services; (iv) to hold examinations and to grant diplomas or certificates, and to confer degrees and other academic distinctions on persons subject to such conditions as the University may determine and to withdraw any such diplomas, certificates, degrees or other academic distinctions for good and sufficient cause; (v) to confer Honorary Degrees or other distinctions on persons in the manner laid down in the Regulations; (vi) to fix, demand and receive fees and other charges; (vii) to establish such special centres, specialised study centres or other units for research and instruction as are, in the opinion of the University, necessary for the furtherance of its objects; (viii) to institute and maintain Halls of Residence and hostels and to recognize places of residence for the students of the University and to withdraw such recognition accorded to any such place of residence; (ix) to supervise and control the Halls of Residence and to regulate the discipline of the students of the University and to make arrangements for promoting their health; (x) to make such arrangements in respect of the residence, discipline and teaching of women students; (xi) to create Academic, Technical, Administrative, Ministerial and other posts and to make appointments thereto; (xii) to regulate and enforce discipline among the employees of the University and to take such disciplinary measures as may be deemed necessary; (xiii) to institute Professorships, Associate Professorships, Assistant Professorships and any other teaching, academic or research posts required by the University; (xiv) to appoint persons as Professors, Associate Professors, Assistant Professors or otherwise as Teachers and Researchers of the University; 6 (xv) to institute and award fellowships, scholarships, prizes and medals for meritorious students. To provide for printing, reproduction and publication of research and other works and to organise exhibitions; (xvi) to sponsor and undertake research in all aspects of economics and social science; (xvii) to establish Centers of Research and Excellence in Economics and allied subjects in other parts of the State; (xviii) to cooperate with any other organization in the matter of education, training and research in economics, social sciences and allied subjects for such purposes as may be agreed upon on such terms and conditions as the University may from time to time determine; (xix) to cooperate with institutions of higher learning in any part of the world having objects wholly or partially similar to those of the University, by exchange of teachers and scholars and generally in such manner as may be conducive to the common objects; (xx) to regulate the expenditure and to manage the accounts of the University; (xxi) to establish and maintain within the University premises or elsewhere in its area of jurisdiction, such class rooms, and study halls as the University may consider necessary and adequately furnish the same and to establish and maintain such libraries and reading rooms as may appear convenient or necessary for the University; (xxii) to receive grants, endowments, subscriptions, donations and gifts for the purposes of the University consistent with the objects for which the University is established; (xxiii) to purchase, take on lease or accept as gifts or otherwise any land or building or works with prior approval of the State Government, which may be necessary or convenient for the purposes of the University and on such terms and conditions as it may think fit and proper and to construct or alter and maintain any such building or works; (xxiv) to sell, exchange, lease or otherwise dispose of all or any portion of the moveable properties of the University, on such terms as it may think fit and proper without prejudice to the interests and activities of the University, with prior approval of the State Government; (xxv) to draw and accept, to make and endorse, to discount and negotiate, Government of India and other promissory notes, bills of exchange, cheques or other negotiable instruments; (xxvi) to execute conveyances, transfers, re-conveyances, mortgages, leases, licenses and agreements in respect of property, moveable or immovable including Government securities belonging to the University or to be acquired for the purposes of the University; (xxvii) to appoint in order to execute an instrument or transact any business of the University any person or agency as it may deem fit; (xxviii) to enter into any agreement with the Central Government, State Governments, the University Grants Commission or other Bodies for receiving grants; (xxix) to accept grants of money, securities or property of any kind on such terms as it may deem expedient; (xxx) to raise and borrow money on bonds, mortgages, promissory notes or other obligations or securities founded or based upon all or any of the properties and assets of the University or without any securities and upon such terms and conditions as it may think fit and to pay out of the funds of the University, all expenses incidental to the raising of money, and to repay and redeem any money borrowed; (xxxi) to invest the funds of the University or money entrusted to the University in or upon such securities and in such manner as it may be prescribed by Statutes from time to time and transpose any such investment; (xxxii) to make such Statutes as may, from time to time, be considered necessary for regulating the affairs and the management of the University and to alter, modify and to rescind them; 7 (xxxiii) to constitute for the benefit of the academic, technical, administrative and other staff, in such manner and subject to such conditions as may be prescribed by the Statutes, such as pension, insurance, provident fund and gratuity as it may deem fit and to make such grants as it may think fit for the benefit of employees of the University, and to aid in establishment and support of the associations, institutions, funds, trusts and conveyance calculated to benefit the staff and the students of the University; (xxxiv) to delegate all or any of its powers to the Vice Chancellor or any committee or any sub-committee or to any one or more members of its Authorities or its Officers except power to make statute; and (xxxv) to do all such other acts and things as the University may consider necessary, conducive or incidental to the attainment or enlargement of the aforesaid objects or any one of them.