G.O.(Ms).No.87, Amendment for Operating 5% Service or Commitment Charges under TANII Schemes, 2024

What the government order changes

G.O.(Ms).No.87, issued by the Planning, Development and Special Initiatives (TC-I) Department on 10 June 2024, replaces the procedure in paragraph 14 of an earlier government order concerning Tamil Nadu Innovation Initiatives schemes. The change applies to the 5% service or commitment charges provided for implementing those schemes.

The earlier procedure required the amount to be drawn from the State Planning Commission's account and transferred to its Single Nodal Account child account. Any unspent balance at the end of the financial year was to be transferred back to the relevant head of account.

Reason for the amendment

The State Planning Commission informed the Government that the child account under the Single Nodal Account arrangement is a zero balance account. According to the request recorded in G.O.(Ms).No.87, funds cannot be held in that child account, making the earlier transfer procedure impractical.

The State Planning Commission also stated that administrative and other expenditure connected with Tamil Nadu Innovation Initiatives schemes must be met from the relevant head of account as actual expenditure from the beginning of each financial year.

Revised accounting procedure

G.O.(Ms).No.87 provides that:

• The Member Secretary of the State Planning Commission may operate the 5% service or commitment charges head of account.
• The Member Secretary may issue sanction proceedings when expenditure is required.
• Bills may be presented to the Pay and Accounts Officer (East) through the Integrated Financial and Human Resources Management System.
• The Member Secretary is the reconciliation authority for the relevant head of account.
• The applicable account is identified by DP Code 3475-00-800-JI-34201 and covers awareness building, capacity building, evaluation, documentation and awards for innovation.

The Planning, Development and Special Initiatives (TC-I) Department issued G.O.(Ms).No.87 with the concurrence of the Finance Department.

Relevance to property owners and buyers

G.O.(Ms).No.87 governs internal accounting for Tamil Nadu Innovation Initiatives schemes. It contains no provision changing land ownership, land classification, planning permission, registration, patta, taxation or property rights. Property buyers and owners are therefore not directly affected by the provisions set out in the document.

Reference detail to note

The reference list dates G.O.Ms.164 to 12 May 2023, while the amendment heading and table identify G.O.164 as dated 18 November 2023. Readers relying on the earlier order may need to check the original government records.