Earlier Trust Shrutakevali Education Trust (R.) Shravanabelagola has submitted the proposal to the ministry of HRD New Delhi and UGC, New Delhi in October 2006 for granting the University Status and to recognize our Institute as Deemed to be University in the name of Bahubali Prakrit University, Shravanabelagola. As per the U.G.C. guidelines the institute has prepared the trust deed in the name and style of proposed deemed to be University that is – ‘Bahubali Prakrit Vidyapeeth’ and registered it under the public trust in Dist. Hassan on 31-03-2008.
Now this ‘Bahubali Prakrit Vidyapeeth Trust’, Shravanabelagola is running all the teaching & research activities of our Institution. Shrutakevali Education Trust (R), has provided the ownership of movable and immovable assets to the Bahubali Prakrit Vidyapeeth with the corpus fund of Rs 3 corers in F.D. for running the present activities of the Institute and proposed Bahubali Prakrit University. National Institute of Prakrit Studies and Research (NIPSAR) is functioning under the Bahubali Prakrit Vidyapeeth registered Trust. This Bahubali Prakrit Vidyapeeth Trust has embodied all the rules and memorandum of aims and objectives of the University prescribe by the U.G.C. in its guidelines.