G.O.Ms.No.58, Madras Institute of Development Studies matching grant for 2017-2018
The Government of Tamil Nadu, Planning, Development and Special Initiatives (SPC) Department, issued G.O.Ms.No.58 dated 4 August 2017 to sanction Rs.22.30 lakhs as an ad hoc first instalment of the State matching grant to the Madras Institute of Development Studies, Chennai, for 2017-2018. The grant matches the amount released by the Indian Council of Social Science Research and does not govern land, property ownership or development.
What the government sanctioned
G.O.Ms.No.58 dated 4 August 2017 of the Government of Tamil Nadu, Planning, Development and Special Initiatives (SPC) Department, sanctions and releases Rs.22.30 lakhs to the Madras Institute of Development Studies, Chennai. It is the State's matching share for 2017-2018 and is released on an ad hoc basis as the first instalment.
The Government had previously agreed to provide an annual matching grant equal to the amount sanctioned by the Indian Council of Social Science Research to the institute. The Indian Council of Social Science Research released its first instalment through letters dated 31 May 2017, and the State Planning Commission requested release of the corresponding State share.
Grant breakdown
G.O.Ms.No.58 divides the sanctioned amount as follows:
- Rs.18.00 lakhs under the Salary Grant head.
- Rs.4.30 lakhs under the General Grant head.
- Rs.22.30 lakhs in total.
- The amount is to be adjusted in the regular annual allocation of the Salary and General grants for the current financial year.
The expenditure is assigned to the government account head for grants to the Madras Institute of Development Studies for current expenditure.
Administration and oversight
G.O.Ms.No.58 directs the Member-Secretary, State Planning Commission, to draw and disburse the sanctioned amount to the Madras Institute of Development Studies under proper acknowledgement. The Member-Secretary must also monitor receipt of the Utilization Certificate from the institute.
The Finance Department concurred with the sanction through its communication dated 28 July 2017.
Who is affected
G.O.Ms.No.58 directly concerns the Madras Institute of Development Studies, the State Planning Commission, the Indian Council of Social Science Research and the government authorities responsible for payment, accounting and audit.
Property buyers, owners and land professionals are not given any duties or rights under the document. It contains no provisions on land classification, title, registration, planning permission, change of land use or property transactions.
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.58 affect my land or property in Tamil Nadu?
No land or property provision appears in G.O.Ms.No.58. It deals only with a matching grant to the Madras Institute of Development Studies.
How much did the Tamil Nadu Government sanction?
The Government sanctioned Rs.22.30 lakhs as the first instalment of the State matching grant for 2017-2018.
How is the Rs.22.30 lakhs divided?
The grant consists of Rs.18.00 lakhs for salary expenditure and Rs.4.30 lakhs as a general grant.
Who must disburse and monitor the grant?
The Member-Secretary, State Planning Commission, must draw and disburse the amount under proper acknowledgement and monitor receipt of the Utilization Certificate from the Madras Institute of Development Studies.
