State Act

THE RAI TECHNOLOGY UNIVERSITY, BANGALORE ACT, 2012

5. Grants and Financial Assistance.- The University shall be self-financing and shall neither make a demand nor shall be entitled to any maintenance, grant-in-aid or any other financial assistance from the State or any other body or corporation owned or controlled by the State: Provided that the State may, provide financial support through grants or otherwise:- (a) for research, development and other activities for which other State Government organizations are provided financial assistance; or (b) for any specific research or programmes receiving support from the Government; and (c) for the benefit of similar universities in the State whether subject to a change in State policy or otherwise: Provided further that the university may receive any financial support from any other source.