Lawgist39Sponsored schemes
Notwithstanding anything contained in this Act, whenever the Institute receives funds from any Government, the University Grants Commission or any other agency including industry sponsoring a research scheme, a consultancy assignment, a teaching programme or a chaired professorship or a scholarship, to be executed or endowed at the Institute,--
(a) the amount received shall be kept by the Institute separately from the fund of the Institute and utilised only for the purpose of the scheme:
Provided that any money remaining unutilised under this clause shall be transferred to the endowment fund set up under section 27; and
(b) the staff required to execute the same shall be recruited in accordance with the terms and conditions stipulated by the sponsoring organisation with prior approval of the Central Government:
Provided that the principles laid down in the General Financial Rules, 2005 shall be followed for approval of sponsored schemes funded by the Central Government.
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- 1 Short title and commencement
- 2 Declaration of Rajiv Gandhi National Institute of Youth Development as an institution of national importance
- 3 Definitions
- 4 Incorporation of Institute
- 5 Effect of establishment of Institute
- 6 Objects of Institute
- 7 Functions of Institute
- 8 Institute to be open to all races, creeds, gender and classes
- 9 Teaching at Institute
- 10 Visitor
- 11 Authorities of Institute
- 12 Establishment of Executive Council
- 13 Terms of office of, vacancies among, and allowances payable to members of Executive Council
- 14 Meetings of Executive Council
- 15 Powers and functions of Executive Council
- 16 Academic Council
- 17 Functions of Academic Council
- 18 Finance Committee
- 19 Functions of Finance Committee
- 20 Other authorities
- 21 Officers of Institute
- 22 Director
- 23 Registrar
- 24 Other officers
- 25 Grants by Central Government
- 26 Fund of Institute
- 27 Endowment to other funds
- 28 Accounts and audit
- 29 Pension and provident fund
- 30 Appointment of staff of Institute
- 31 Power to make Statutes
- 32 Statutes how to be made
- 33 Power to make Ordinances
- 34 Ordinances how to be made
- 35 Conduct of business by authorities of Institute
- 36 Tribunal of Arbitration
- 37 Acts and proceedings not to be invalidated by vacancies
- 38 Grant of degrees, etc., by Institute
- 39 Sponsored schemes
- 40 Meetings of Academic Council and Finance Committee
- 41 Power of Central Government to give directions to Institute
- 42 Protection action taken in good faith
- 43 Power to make rules
- 44 Statutes, Ordinances notifications to be published in Official Gazette and to be laid before Parliament
- 45 Power to remove difficulties
- 46 Transitional provisions
