SOURCES OF FUNDS

As per establishment of the REC now known as NIT, Kurukshetra the entire Non-plan expenditure on Undergraduate Courses was borne by the central and State Government on 50:50 basis. This practice remained intact upto 31.3.2003 Consequent upon conversion of REC to NIT by the Government of India has taken over full administrative and financial control and the Central Government has started bearing the expenditure on Undergraduate Courses on 100% basis. However, Since the inception of the Institute the expenditure on PG Courses is borne by the Central Government.