G.O.(Ms)No.126, Incentive to 824 Qualified Panchayat Level Federations, 2014-15
The Rural Development and Panchayat Raj (CGS-3) Department issued Government Order (Ms.) Number 126, dated 10 September 2014, directing the Managing Director of the Tamil Nadu Corporation for Development of Women Limited to use Rs.8.24 crores from National Rural Livelihoods Mission funds to provide Rs.1.00 lakh each to 824 successfully graded Panchayat Level Federations for 2014-15. The order supports Panchayat Level Federations and their member Self Help Groups, and does not govern land ownership, registration or property rights.
What the government approved
Government Order (Ms.) Number 126, dated 10 September 2014, was issued by the Rural Development and Panchayat Raj (CGS-3) Department following an announcement made in the Assembly on 1 August 2014.
The government directed the Managing Director of the Tamil Nadu Corporation for Development of Women Limited to use Rs.8.24 crores from National Rural Livelihoods Mission funds for incentives to Panchayat Level Federations.
Key provisions are:
- Rs.1.00 lakh is to be provided to each eligible federation.
- The incentive covers 824 successfully graded Panchayat Level Federations.
- The allocation applies to the year 2014-15.
- The Finance Department gave its concurrence on 26 August 2014.
Purpose of the incentive
The Rural Development and Panchayat Raj (CGS-3) Department records that Panchayat Level Federations provide financial and non financial support and services to member Self Help Groups. Their role includes obtaining bulk loans and lending to member Self Help Groups for productive and consumption needs.
The incentive is intended to encourage federations to undertake financial intermediation on a small scale before seeking larger loans from external financial institutions. This is expected to help office bearers gain experience in fund management and create a credit history that external agencies may consider when sanctioning bulk loans.
The document also explains that strengthening and registering Panchayat Level Federations can make them more inclusive, transparent and participatory, improve governance and sustainability, and help them access bank credit.
Who is affected
Government Order (Ms.) Number 126 directly concerns:
- The 824 successfully graded Panchayat Level Federations selected for the incentive.
- Member Self Help Groups that may receive financial or non financial services through those federations.
- The Tamil Nadu Corporation for Development of Women Limited, which is directed to use the allocated funds.
- District Collectors and Project Officers under Mahalir Thittam, to whom the order was sent.
Relevance to land and property
Government Order (Ms.) Number 126 is a rural livelihood funding decision. It contains no provisions changing land classification, title, ownership, registration, planning permission or other property rights. A property buyer or owner is not directly affected merely because land is located within a village panchayat.
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 Government Order (Ms.) Number 126 change any land or property rights?
No. The document sanctions incentives for Panchayat Level Federations and contains no provisions on land ownership, registration, classification or property rights.
How much incentive was approved for each Panchayat Level Federation?
The government approved Rs.1.00 lakh for each of 824 successfully graded Panchayat Level Federations for 2014-15.
Where does the Rs.8.24 crore allocation come from?
The Managing Director of the Tamil Nadu Corporation for Development of Women Limited was directed to use Rs.8.24 crores from National Rural Livelihoods Mission funds.
Why were Panchayat Level Federations given this incentive?
The incentive was intended to encourage financial intermediation, help federation office bearers gain fund management experience, and build a credit history for obtaining bulk loans from external financial institutions.
