For construction of the college buildings, Rs.7.25 crore has been sanctioned.
At a recurring expenditure of Rs.77.07 lakh, 11 teaching and 17 non-teaching positions would be created. Also, paraphernalia including books, computers would be procured at a cost of Rs.26.50 lakh.
Administrative sanction of a total of Rs.8.28 crore had been accorded by Jayalalithaa, an official release said here today.
For the academic year 2015-16, the college would function temporarily from the premises of Chennai Corporation's middle school in Tondiarpet, the release said.
She had also announced new arts and science colleges in Theni, Erode and Kanyakumari districts.