The University Grants Commission (UGC) provides financial assistance to eligible
colleges which are included under Section 2(f)*
and declared fit to receive central assistance (UGC grant) under Section 12 (B)**
of UGC Act, 1956 as per approved pattern of assistance under various schemes. The
number of colleges included under Section 2(f)/12(B) of UGC Act 1956 as on 31.3.2006
is 6014. Out of these, 5449 colleges have been declared eligible to receive central
assistance, including UGC grants under Section 12(B)**
of UGC Act 1956. Remaining 565 colleges are recognized under Section 2(1) of UGC
Act 1956 but not yet declared fit for receiving central assistance as they do not
fulfill the conditions laid down for such status.
* The UGC had notified
Regulations for recognition of colleges under Section 2(f) of the UGC Act, 1956.
The colleges are brought under the purview of UGC in terms of these Regulations
as and when the proposals are received from the colleges for inclusion under Section
2(f) and they are found fit for inclusion as per the provisions contained in the
** Apart from inclusion
of colleges under Section 2(f), the UGC includes the Colleges under Section 12(B)
of its Act in terms of Rules framed under the Act. This makes the colleges eligible
for central assistance from the Government of India or any organization receiving
funds from the Central Government.