In a major push towards operationalising “Tribhuvan” Sahkari University, the Central Government has notified its Statutes under Section 33 of the Tribhuvan Sahkari University Act, 2025. The Statutes outline the appointment processes, eligibility criteria, tenure, and powers of key functionaries, along with the overall governance framework of the university.
As per the notification, the Chancellor will be an eminent personality from the field of cooperation, academia, or public administration, to be appointed by the Centre based on a panel recommended by the Ministry of Cooperation. The Chancellor will enjoy wide-ranging oversight powers but cannot be reappointed.
The Vice-Chancellor (VC) will be appointed from a panel of three names recommended by a Search-cum-Selection Committee. The candidate must have at least 10 years of experience in academia, research, industry, public administration, or the cooperative sector. The VC will serve for five years or until the age of 70 and will be ineligible for a second term.
The VC will chair major councils and enjoy full financial authority akin to a Secretary to the Government of India. The remuneration will be as per Level-17 of the 7th CPC, with variable pay and additional benefits including rent-free housing, pension continuity, and medical cover. The VC may be removed for misconduct or incapacity following due process.
The Registrar and Finance Officer will be appointed through direct recruitment or deputation for a five-year term, extendable up to the age of 62. The Registrar will maintain records and assist in university administration, while the Finance Officer will manage financial matters including budgeting, audits, and investments. Both positions come with clear eligibility norms, pay scales, and removal procedures.
The Governing Board is mandated to meet annually by September 30 to review the university’s performance and finances. The Executive Council, chaired by the VC and comprising senior officials from IRMA, NCDC, NABARD, RBI and others, will handle appointments, revenue, administration, and collaborations.
Notably, the university will establish an Executive Board for IRMA School, preserving its identity and autonomy. The Board will independently manage day-to-day affairs, curriculum, and partnerships, while aligning with the university’s broader norms for faculty and policy matters.
The notification marks a significant step in establishing India’s first full-fledged cooperative university, aimed at strengthening education, research, and leadership in the cooperative sector.
Successful only if kept insulated from political interference and managed professionally.