SSR-2012-16_SJC

2015-16
6.4.4. Have the accounts been audited regularly? What are the major audit
objections and how are they complied with?
The accounts have been audited regularly. There have been no major audit objections
so far.
6.4.5 Narrate the efforts taken by the College for resource mobilization.
The College gets its resources mainly from various student fees collected during the
academic year. In addition, the Institution mobilizes income through sponsors and
donors who come forward during intercollegiate events such as Exodus and
Visages/Nirvaan. Many certificate courses, seminars and workshops are organized by
various departments which also generate income through sponsors and registration.
Research projects also generate funds for the College. For several years now, the
College has rented out its classrooms and playground after hours, and on holidays. The
canteen and parking lot in the campus also generate a steady income for the Institution.
In 2014, a new auditorium was constructed to meet the needs of the Institution. This is
rented out to others when it is not used by the College, which has resulted in
substantial income. The details of the income generated from various sources for the
previous four years are given below:
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