 financial memorandumclause 3 of the bill provides for free medical and engineering education by the appropriate government for meritorious and economically weaker students admitted in a privately owned medical or engineering college this clause also provides for scholarships including certain other facilities to poor students as regards the expenditure involved in giving effect to the provisions of the bills in states, it shall be borne out of the consolidated funds of the respective states however, in case of union territories, the expenditure shall be met dut of the consolidated fund of india it is estimated that a sum of rupees fifty crore is likely to be involved as a recurring expenditure per annum no non-recurring expenditure is likely to be involved memorandum regarding delegated legislationclause 5 of the bill empowers the central government to make rules for carrying _ out the provisions of the bill these rules will relate to matters of details only the delegation of legislative power is, therefore, of a normal character 