G.O.Ms.No.66, Additional Matching Grant to Madras Institute of Development Studies, 2018
The Government of Tamil Nadu, through the Planning, Development and Special Initiatives (SPC) Department, issued G.O.Ms.No.66 dated 2 August 2018 to sanction and release an additional matching grant of Rs. 10.00 lakh to the Madras Institute of Development Studies, Chennai, for the financial year 2017-2018. The document concerns government funding for the institute and contains no provision affecting land ownership, property transactions or land administration.
What the document does
G.O.Ms.No.66 dated 2 August 2018 of the Planning, Development and Special Initiatives (SPC) Department sanctions and releases the Government of Tamil Nadu's additional matching grant of Rs. 10.00 lakh to the Madras Institute of Development Studies, Chennai. The grant applies to the financial year 2017-2018.
The amount matches an equivalent sum released by the Indian Council of Social Science Research, New Delhi. The State Planning Commission had requested the Government to release the State's matching share.
Who is affected
G.O.Ms.No.66 directly concerns:
- The Madras Institute of Development Studies, Chennai, as the recipient.
- The State Planning Commission, whose Member Secretary is authorised to draw and disburse the amount.
- The Indian Council of Social Science Research, whose equivalent release formed the basis for the matching grant.
- The relevant finance, accounts and audit authorities responsible for recording and reviewing the expenditure.
Property buyers, landowners and land professionals are not assigned any duty or right under G.O.Ms.No.66. The document does not discuss title, patta, registration, land classification, acquisition, planning permission or change of land use.
Key provisions
G.O.Ms.No.66 records the following decisions and financial arrangements:
- The Government sanctions and releases Rs. 10.00 lakh as the State's additional matching share for 2017-2018.
- The matching grant is based on the equivalent amount released by the Indian Council of Social Science Research.
- The expenditure is to be charged to the specified government account for grants to the Madras Institute of Development Studies.
- Additional funds of Rs. 10,00,000 are to be provided in the revised estimate or final modified appropriation for 2018-2019.
- The expenditure is to be brought before the Legislature through specific inclusion in the Supplementary Estimates for 2018-2019.
- Pending provision of the funds, the Member Secretary of the State Planning Commission may draw and disburse the sanctioned amount.
- The Member Secretary must include the expenditure in the relevant budget proposal and provide the required explanatory note to the Finance Department.
Earlier funding recorded
G.O.Ms.No.66 also notes that G.O.Ms.No.60 dated 19 July 2018 had sanctioned and released Rs. 52.30 lakh to the Madras Institute of Development Studies as the fifth instalment for 2017-2018. That amount consisted of a salary grant of Rs. 43.50 lakh and a general grant of Rs. 8.80 lakh.
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.66 affect my land or property purchase in Tamil Nadu?
No land or property provision appears in G.O.Ms.No.66. It sanctions an additional matching grant to the Madras Institute of Development Studies.
How much additional funding was sanctioned?
The Government of Tamil Nadu sanctioned and released Rs. 10.00 lakh for the financial year 2017-2018.
Why was the additional grant released?
It was the State's matching share, based on an equivalent amount released by the Indian Council of Social Science Research, New Delhi.
Who can draw and disburse the sanctioned amount?
The Member Secretary of the State Planning Commission is authorised to draw and disburse the amount pending provision of the additional funds.