(1)  Subject to the provisions of this Act and the Statutes and Ordinances made thereunder, the University shall exercise and perform the following powers and functions, namely:––

   (i)  to plan, design, develop the required courses of study and conduct appropriate academic and training programmes in the field of co-operation;

   (ii)  to grant, subject to such conditions as the University may determine, diplomas or certificates to, and confer degrees or other academic distinctions on, persons, on the basis of examinations, evaluation or any other method of testing, and to withdraw any such certificates, diplomas, degrees or other academic distinctions for good and sufficient cause;

   (iii)  to provide lectures and instructions for persons not enrolled as regular students of the University and to grant certificates to them;

   (iv)  to establish and maintain such outlying campuses, entrepreneurial incubation centres for new co-operative ventures, targeted skill development centres or other units for research, instruction, and training as are, in the opinion of the University, necessary for the furtherance of its objects;

   (v)  to establish and maintain Schools and hostels subject to assessment of demand;

   (vi)  to provide nomenclature to the Institute of Rural Management Anand School by Statutes made under this Act;

   (vii)  to confer honorary degrees or other distinctions;

   (viii)  to institute Professorships, Associate Professorships, Assistant Professorships and other teaching or academic positions, required by the University and to appoint persons to such Professorships, Associate Professorships, Assistant Professorships or other teaching or academic positions;

   (ix)  to appoint persons working in any University or academic institution, including those located outside the country, as teachers of the University;

   (x)  to create administrative, ministerial and other posts and to make appointments thereto subject to availability of financial resources;

   (xi)  to co-operate or collaborate or associate with any other University or authority or institution of higher learning, including those located outside the country, in such manner and for such purposes as the University, may determine;

   (xii)  to provide facilities through the distance education system;

   (xiii)  to institute and award fellowships, scholarships, studentships, medals and prizes for raising academic standards and research;

   (xiv)  to organise and undertake extramural studies, training and extension services;

   (xv)  to make provision for research and advisory services and for that purpose, to enter into such arrangements with other institutions, co-operative societies, industrial or other organisations, as the University may deem necessary;

   (xvi)  to organise and conduct refresher courses, workshops, seminars, conferences, training of trainers, and other programmes for teachers, evaluators, other academic staff and students;

   (xvii)  to appoint on contract or otherwise visiting Professors, Emeritus Professors, Consultants and such other persons who may contribute to the advancement of the objects of the University;

   (xviii)  to determine standards of admission to the University, which may include examination, evaluation or any other method of testing;

   (xix)  to demand and receive payment of fees and other charges;

   (xx)  to demand and receive payment for undertaking projects and consultancy services;

   (xxi)  to lay down conditions of service of all categories of employees, including their code of conduct;

   (xxii)  to supervise, control, regulate and enforce discipline among the students and the employees, and to take such disciplinary measures in this regard as may be deemed fit by the University to be necessary;

   (xxiii)  to make arrangements for promoting the health and general welfare of the employees and students;

   (xxiv)  to receive benefactions, donations and gifts and to acquire, hold and manage movable or immovable, including trust and endowment properties, for the purposes of the University;

   (xxv)  to dispose of any immovable property, with the previous approval of the Central Government;

   (xxvi)  to borrow, with the previous approval of the Central Government, on the security of the property of the University, money for the purposes of the University;

   (xxvii)  to conduct innovative experiments and promote new methods and technologies in the fields of co-operative management and other related fields;

   (xxviii)  to purchase or to take on lease any land or building or works which may be necessary or convenient for the purposes of the University, on such terms and conditions as it may deem fit and proper and to construct, alter and maintain any such building or work;

   (xxix)  to start any new degree, allied course or research programme or diploma or certification or training programme and discontinue any courses or research programme or training programme without prejudice to the interest of the students;

   (xxx)  to invest the funds of the University in or upon such securities and transpose any investment from time to time in such manner as it may deem fit in the interest of the University and as provided by the Statutes;

   (xxxi)  to act as an advisory body to the Government of India and other National Institutions, State Governments and National Co-operative Societies on all matters related to co-operative societies;

   (xxxii)  to grant affiliation to Institutes or to a particular course or programme being conducted by any Institute in or outside India;

   (xxxiii)  to develop and certify teachers or practitioners as co-operative trainers and resource persons;

   (xxxiv)  to provide for the preparation of instructional and training materials, including films, audio-visual materials, other software and the like;

   (xxxv)  to recognise persons for imparting instructions in any Institute admitted or affiliated to the privileges of the University; and

   (xxxvi)  to do all such other acts and things as may be necessary, incidental or conducive to the attainment of all or any of its objects.

   (2)  The University shall in the exercise of its powers have jurisdiction over the outlying campuses.

   (3)  In exercising its powers referred to in sub-section (1), it shall be the endeavour of the University to maintain an all-India character and high standards of teaching, training and research, and the University may, among other measures which may be necessary for the said purpose, take, in particular, the following measures, namely:—

   (i)  admissions of students and recruitment of teachers shall be made on all-India basis through appropriate procedures approved by the Executive Council;

   (ii)  conduct self-financing, demand based, customised courses for the co-operatives;

   (iii)  foreign students to be admitted by the University to various courses and programmes, as per the policy and schemes of the Government of India and the procedure approved by the Executive Council;

   (iv)  inter-University mobility of teachers with portable pension scheme benefits, if any, and protection of seniority shall be encouraged.

   Explanation.––For the purposes of this clause, the expression “portable pension scheme” means a scheme to continue or carry forward the pension scheme already subscribed by the incoming teacher;

   (v)  semester system, continuous evaluation and choice-based credit system may be introduced and the University may enter into agreement with other Universities and academic institutions for credit transfer and joint degree programmes.

   Explanation.––For the purposes of this clause, the expression “choice-based credit system” means a criterion based grading system to assess student’s achievement based on the learning goals for each programme, with continuous and comprehensive evaluation instead of high stake examinations;

   (vi)  innovative courses and programmes of studies shall be introduced with a provision for periodic review and restructuring;

   (vii)  active participation of students shall be ensured in all academic activities of the University, including evaluation of teachers;

   (viii)  accreditation may be obtained from the National Assessment and Accreditation Council or any other accrediting agency of repute as may be determined by the University; and

   (ix)  e-governance shall be introduced in every possible sphere of activity with an effective management information system.