G.O.Ms.No.69, Madras Institute of Development Studies First Instalment of Matching Grant, 2016-2017
The Planning, Development and Special Initiatives (SPC) Department of the Government of Tamil Nadu issued G.O.Ms.No.69 on 10 August 2016, sanctioning Rs.41.50 lakhs to the Madras Institute of Development Studies, Chennai, as the first instalment of the State matching grant for 2016-2017. The funding matches the amount released by the Indian Council of Social Science Research and does not change land ownership, land use, property rights or revenue records.
What the document does
G.O.Ms.No.69 of the Planning, Development and Special Initiatives (SPC) Department sanctions Rs.41.50 lakhs to the Madras Institute of Development Studies, Chennai. The amount is the first instalment, provided on an ad hoc basis, of the Tamil Nadu Government's Plan and Non-Plan matching grant for 2016-2017.
The grant matches Rs.41.50 lakhs released by the Indian Council of Social Science Research, New Delhi. Earlier government decisions provided for an annual matching sanction based on the total funds approved by the Indian Council of Social Science Research, with instalments released when the council released its funds.
Grant breakdown
G.O.Ms.No.69 divides the first instalment as follows:
- Plan Grant: Rs.8.50 lakhs.
- Non-Plan Grant: Rs.33.00 lakhs.
- Total matching grant: Rs.41.50 lakhs.
The Indian Council of Social Science Research indicated that the actual allocation for the current year would be communicated after approval of the annual Plan Development Grant allocation for 2016-2017.
Administration and financial control
G.O.Ms.No.69 directs the Member-Secretary of the State Planning Commission to draw and disburse the sanctioned amount to the Madras Institute of Development Studies, Chennai. Payment must be acknowledged, and the Member-Secretary must monitor receipt of the institute's Utilization Certificate.
The expenditure is assigned to the account head for grants to the Madras Institute of Development Studies under Other General Economic Services. The Finance Department concurred with the sanction on 10 August 2016.
Who is affected
G.O.Ms.No.69 directly concerns the Madras Institute of Development Studies, the State Planning Commission, the Indian Council of Social Science Research and the government offices responsible for payment, accounting and audit.
Property buyers, landowners and land professionals are not given any duties or rights by G.O.Ms.No.69. The document contains no provision changing land classification, title, ownership, land use, registration or revenue administration.
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.69 affect my land or property records?
No land or property change is provided in G.O.Ms.No.69. It only sanctions a matching grant to the Madras Institute of Development Studies, Chennai.
How much money was sanctioned?
The Government of Tamil Nadu sanctioned Rs.41.50 lakhs, comprising Rs.8.50 lakhs as Plan Grant and Rs.33.00 lakhs as Non-Plan Grant.
Why did the Tamil Nadu Government release this grant?
The grant matches Rs.41.50 lakhs released by the Indian Council of Social Science Research, New Delhi, to the Madras Institute of Development Studies.
Who is responsible for paying and monitoring the grant?
The Member-Secretary of the State Planning Commission must draw and disburse the amount, obtain proper acknowledgement and monitor receipt of the Utilization Certificate.