G.O.Ms.No. 47, Fourth Non-Plan Recurring Matching Grant, 2014-2015
The Government of Tamil Nadu, Planning, Development and Special Initiatives (SPC) Department, issued G.O.Ms.No. 47 dated 25 May 2015 to approve Rs.43.00 lakhs as the fourth installment of a Non-Plan recurring matching grant to the Madras Institute of Development Studies, Chennai, for 2014-2015. It concerns institutional funding and does not govern land ownership, registration, planning permission or other property matters.
What the document does
G.O.Ms.No. 47 dated 25 May 2015 of the Planning, Development and Special Initiatives (SPC) Department approves the release of Rs.43.00 lakhs to the Madras Institute of Development Studies, Chennai. The payment is the Government of Tamil Nadu's matching contribution for the fourth installment of the institute's Non-Plan recurring grant for 2014-2015.
The matching contribution equals the amount released by the Indian Council of Social Science Research, New Delhi. The Indian Council of Social Science Research had released Rs.43.00 lakhs as the fourth installment of its Non-Plan recurring grant.
Background to the grant
The Government of Tamil Nadu had previously agreed to provide the Madras Institute of Development Studies with an annual matching grant equal to the amount sanctioned by the Indian Council of Social Science Research.
For 2014-2015, the document records that:
- The Indian Council of Social Science Research sanctioned Rs.40.00 lakhs as an annual recurring development Plan grant.
- It also sanctioned Rs.173.00 lakhs as an annual recurring maintenance and development Non-Plan grant.
- The Government had already released Rs.117.00 lakhs as Plan and Non-Plan matching grants.
- A further Rs.53.00 lakhs had been released as matching funding for the third Non-Plan installment and fourth Plan recurring installment.
- G.O.Ms.No. 47 approves another Rs.43.00 lakhs for the fourth Non-Plan recurring installment.
Administration and oversight
G.O.Ms.No. 47 authorises the Member-Secretary, State Planning Commission, to draw and disburse the approved amount to the Madras Institute of Development Studies, Chennai, against proper acknowledgement. The Member-Secretary must also monitor receipt of the institute's utilisation certificate.
The expenditure is assigned to the specified account for grants to the Madras Institute of Development Studies for current expenditure. The document states that the Finance Department concurred with the approval on 20 May 2015.
Relevance to property matters
G.O.Ms.No. 47 deals only with a recurring matching grant to a research institute. It contains no provision concerning land classification, title, patta, registration, acquisition, planning areas, building approval or change of land use. Property buyers, owners and land professionals are therefore not directly affected by it.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Does G.O.Ms.No. 47 affect my land or property purchase in Tamil Nadu?
No. G.O.Ms.No. 47 concerns a matching grant to the Madras Institute of Development Studies and contains no land or property provisions.
How much funding was approved under G.O.Ms.No. 47?
The Planning, Development and Special Initiatives (SPC) Department approved Rs.43.00 lakhs as the fourth installment of the Non-Plan recurring matching grant for 2014-2015.
Who receives the grant approved by G.O.Ms.No. 47?
The recipient is the Madras Institute of Development Studies, Chennai.
Who is responsible for paying and monitoring the grant?
The Member-Secretary, State Planning Commission, is authorised to draw and disburse the amount and monitor receipt of the utilisation certificate from the Madras Institute of Development Studies.
