| 5.3 Welfare Schemes for staff :
I) Benevolent Fund : 62 staff members from non-teaching staff of the institute benefited from this fund who had suffered due to the devastating floods of September 2014 and some on account of chronic diseases.
II) Staff welfare fund : 12 staff members from non-teaching staff of the Institute were provided loan free of interest out of this fund to meet some special situations limited to an amount of Rs. 10,000/-per head, recoverable in 20 installments.
The funds under these two schemes are based on contributions made by the Institute staff towards these funds as well as some contribution out of the revenue generated through consultancies. The two funds are managed by duly constituted governing body and committee as per well laid down bylaws.
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