Delegation of Financial Powers

Sl. No. Description Financial power (Rs.) Remarks
1 Financial power of Principal 15 Lakh Under Plan Schemes, Government of Kerala
2 Lakh Minor Works
25, 000 Disposal in auctions
15000 Local Purchases
50000 Repair/maintenance of building
15000 Maintenance of vehicles
1000 Contingencies – non-recurring
2 Financial power of Principal under TEQIP 50 lakh For college level and department level requirements
3 Financial power of HODs/Plan Fund 15000 For department level requirements
4 Other funds No limit The share of funds from CEC, PTA and Alumni Association for department level day to day requirements.