Warehouse Infrastructure Fund (WIF) – Sanction of loan by NABARD – Payment of Interest for the quarter ending 31.03.2023 – Administrative Orders – Issued.
References:
B.R.O.No.503, Finance (DCM) Department, dated: 21-04-2022.
Email from Manager/AGM, CPR Vertical NABARD (HO), Mumbai, dated: 16.06.2022.
G.O.Rt.No.1155, Finance (PF) Department, Dt:20.06.2022.
Email from Manager/AGM, CPR Vertical NABARD (HO), Mumbai, dated: 16.09.2022.
G.O.Rt.No.1423, Finance (PF) Department, Dt:29.09.2022. 6. Email from Manager/AGM, CPR Vertical NABARD (HO), Mumbai, dated: 19.12.2022.
G.O.Rt.No.1600, Finance (PF) Department, Dt:30.12.2022.
Email from Manager/AGM, CPR Vertical NABARD (HO), Mumbai, dated: 17.03.2023.
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Government vide reference 1st read above have issued Budget Release Order for an amount of Rs.40.00 crores towards payment of WIF Interest during the financial year 2022-23.
The Manager/ Assistant General Manager, NABARD(HO), Mumbai vide reference 8th read above has informed that an amount of Rs.2,90,90,714/-(Rupees Two Crores Ninety Lakhs Ninety Thousand Seven Hundred and Fourteen Only) is due from Government of Telangana towards the payment of Interest for the period from 1st January 2023 to 31st March 2023 and requested to remit the same through RTGS or NEFT on or before due date i.e., 01.04.2023 to their HO, Current Account Number:NABARD000214824 with Reserve Bank of India, Mumbai, IFS CodeNBRD0000002.
Government, after careful examination of the matter hereby sanction an amount of Rs.2,90,90,714/-(Rupees Two Crores Ninety Lakhs Ninety Thousand Seven Hundred and Fourteen Only)towards payment of interest payable to NABARD for the quarter ending on 31st March 2023 in respect of loans outstanding under WIF.
The expenditure sanctioned above shall be debited to the head of account “2049 – Interest payments (charged) – 01 – Interest on internal Debt – M.H.200 – Interest on other Internal Debts – S.H. (40) – Interest on Loans from the NABARD for WIF Schemes – 450 Interest” and shall be met from the budget provision during the financial year 2022-23.
The Deputy Secretary to Government, Finance (Claims) Department, Telangana Secretariat, Hyderabad, shall prefer the bill well in advance and the Pay and Accounts Officer, Hyderabad shall take prompt action to credit an amount of Rs.2,90,90,714/-(Rupees Two Crores Ninety Lakhs Ninety Thousand Seven Hundred and Fourteen Only) to the NABARD A/c.No. NABARD000214824 and IFS Code NBRD0000002, before due date i.e., 01.04.2023.
[BY ORDER AND IN THE NAME OF THE GOVERNOR OF TELANGANA]
SECRETARY TO GOVERNMENT