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.