LawgistThe University Grants Commission Act
17Budget
The Commission shall prepare, in such form and at such time each year as may be prescribed, a budget in respect of the financial year next ensuing showing the estimated receipts and expenditure, and copies thereof shall be forwarded to the Central Government.
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POWERS AND FUNCTIONS OF THE COMMISSION
- 12 Functions of the Commission
- 12A Regulation of fees and prohibition of donations in certain cases
- 12B Prohibition regarding giving of any grant to a University not declared by the Commission fit to receive such grant
- 13 Inspection
- 14 Consequences of failure of Universities to comply with recommendations of the Commission
- 15 Payment to the Commission
- 16 Fund to the Commission
- 17 Budget
- 18 Annual report
- 19 Account and audit
