G.O. (Ms.) No. 75, National Rural Economic Transformation Project Funds, 2021
The Rural Development and Panchayat Raj (CGS.3) Department issued G.O. (Ms.) No. 75, dated 14 June 2021, sanctioning Rs.7,50,00,000 for the National Rural Economic Transformation Project for 2021-22. The amount consists of a 60% Central share of Rs.4,50,00,000 and a 40% State share of Rs.3,00,00,000, and the document does not change land ownership, registration or property rights.
What the document does
G.O. (Ms.) No. 75 of the Rural Development and Panchayat Raj (CGS.3) Department sanctions the first tranche of the first instalment of Central and State funding for implementing the National Rural Economic Transformation Project during 2021-22.
The Government accepted a proposal from the Chief Executive Officer of the Tamil Nadu State Rural Livelihoods Mission, who also serves as Managing Director of the Tamil Nadu Corporation for Development of Women Limited. The Government of India had already sanctioned the Central share and instructed the State Government to release it with the corresponding State share.
Funding sanctioned
The sanctioned amount totals Rs.7,50,00,000, comprising:
- Central share at 60%, Rs.4,50,00,000.
- State share at 40%, Rs.3,00,00,000.
- Total Central and State funding, Rs.7,50,00,000.
The Central and State amounts are assigned to separate heads of account under special programmes for rural development, self-employment programmes and training schemes shared between the Central and State Governments.
Administration and accountability
G.O. (Ms.) No. 75 authorises the Director of Rural Development and Panchayat Raj to draw and disburse the sanctioned funds to the Chief Executive Officer of the Tamil Nadu State Rural Livelihoods Mission and Managing Director of the Tamil Nadu Corporation for Development of Women Limited. Payment may be made by cheque or electronic clearing service.
The Managing Director of the Tamil Nadu Corporation for Development of Women Limited must send a utilisation certificate to:
- The Accountant General.
- The Director of Rural Development and Panchayat Raj.
- The Government.
The Finance Department concurred with the fund release on 8 June 2021.
Relevance to property owners and buyers
G.O. (Ms.) No. 75 is a rural development funding sanction. It contains no provision changing land classification, ownership, title, registration, planning permission, property tax or development rights. Property buyers, owners and land professionals are not given any application requirement or compliance duty by this document.
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Common questions
Does G.O. (Ms.) No. 75 change any land or property rights?
No. The document sanctions funding for the National Rural Economic Transformation Project and contains no change to land ownership, title, registration or development rights.
How much funding was sanctioned?
The Government sanctioned Rs.7,50,00,000, consisting of a Central share of Rs.4,50,00,000 and a State share of Rs.3,00,00,000.
Who is authorised to release the money?
The Director of Rural Development and Panchayat Raj is authorised to draw and disburse the amount to the Chief Executive Officer of the Tamil Nadu State Rural Livelihoods Mission and Managing Director of the Tamil Nadu Corporation for Development of Women Limited.
Is any utilisation reporting required?
Yes. The Managing Director of the Tamil Nadu Corporation for Development of Women Limited must send a utilisation certificate to the Accountant General, the Director of Rural Development and Panchayat Raj and the Government.
