Amendment status not verified — confirm the current text below against the official source.
0) @ (3) CHAPTER 2 Th€ universiv and its Oblects The Spo.sor shall have the righi to eslablish the University in accordance with the provisions of this Act. An application containingthe proposalto establish a University shall be mado to the State Government by the Sponsor. The proposal may contain tho{ollowing particulars,namoly i (a) the oblecls of the Univercity along with the details of the Sponsor ; (b) tho extent and status of the University and the availability of ,and ; (c) the nature and type of programs of study and resoarch to be undortaken in the Universily during a period of tho nexl five years : (d) the naturo ol faculties, courses of study and research proposed to be started : (e) the campus development such as buildings, €quipmenl and slructural arnenities; (0 the phased oullays of capital oxpenditure for a period of lho next tive yearc ; (g) the itom-wise recurrjng expenditure, sources of iinance and estimated expenditure for each student; (h) the scheme tor mobilizing resourcss and tho cost of capilal thereto and the mannerol repayments to each source: (i) th€ gchemo ol generation of funds internally through the recovery offee rrom students, revenues anticipated kom consultancyand other activitles relating to the obiects ot the University and other anticipated incomes ; (j) the details of expenditure on unit cosl, the oxtent of concessions orrgbatos ln fee, freeshlp and scholarship for studonts belonging to economically weaker sections and lhe lee structuae indicating varying rale of fee, it any, thatwould be levied on non_resldent Indians, Persons of lndian Origin and students oi other nationalitios ; (k) theyears of experience and expertise ln the concernod discipline the command ol the Sponsoras wellas the financial reEources: (l) the system lor seloction of students to the courses of study at th6 Unive.sityi and (m) status oflulfillment of such other conditions as may be required bythe Stat6 Govornment to be lulfilled before the establishment o, the University. Where lhe State Government, atter such inquiry as it may deem necessary, is satislied that the SPonsor has fulfilled tho conditions specified in sub-ssction (2) of Section 3, it may direct the Sponsor, to esiablish an endowment f und.