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ABSTRACT Industries - Tamil Nadu Industrial Investment Corporation Limited - State Capital Subsidy of Rs.22,70,623/- for the year2004 - 2005 - sanctioned. INDUSTRIES (MIF II) DEPARTMENT G.O.Ms.No.
69 READ: From the Managing Director, Tamil Nadu Industrial Investment Corporation Ltd., Letter No.TIIC:HO:F&R:2004 - 2005 dated 14.09.04 ORDER: In the Budget Estimate 2004 - 2005 a sum of Rs.12.00 Crores has been provided towards disbursement of the subsidy (individual based subsidy) in respect of the units assisted by the Tamil Nadu Industrial Investment Corporation Limited, The Managing Director, The Tamil Nadu Industrial Investment Corporation Limited, in her letter read above, has requested the Government to release Rs.22,70,623/- (Rupees twenty two lakhs seventy thousand six hundred and twenty three only) for disbursement of State Capital Subsidy to the Industrial units assisted by the Tamilnadu Industrial Investment Corporation Limited, upto June 2004. 2. The Government after careful examination of the request of the Tamilnadu Industrial Investment Corporation Limited, have decided to sanction a sum of Rs.22,70,623/- (Rupees twenty two lakhs seventy thousand six hundred and twenty three only) to the Tamilnadu Industrial Investment Corporation Limited, towards disbursement of State Capital Subsidy for the industrial units assisted by the TIIC. 3. The expenditure sanctioned in para 2 above shall be debited to the following head of account" "2885 - Other outlays on Industries & Minerals - 01, Industrial Financial Institutions - 101, Assistance to Industrial Financial Institutions - Schemes in the Tenth Five Year Plan - II State Plan - JD Assistance to the Tamilnadu Industrial Investment Corporation Ltd., towards Share Subsidy to industrial units - 11 - Subsidies - 01 - individual based subsidy (D.P.Code No.2885-01-101-JD-1113) 4. The expenditure sanctioned in para 2 above, shall be credited to Personal Deposit Account of the Tamil Nadu Industrial Investment Corporation Ltd., viz. 'K Deposits and Advances -(b), Deposit not bearing interest - 8443 - 00 - Civil Deposits - 800, Other Deposits - AE Deposits of Government Companies, Corporations, etc. - 01. Deposits of Tamil Nadu Industrial Investment Corporation Ltd., (DP Code No.8443 - 00 - 800 - AE 010H) (Receipts) 5. The Industries Commissioner and Director of Industries and Commerce is authorised to draw the amount sanctioned in para 2 above and credit it to the Personal Deposit Account of the Tamil Nadu Industrial Investment Corporation Ltd., 6. The Managing Director, The Tamil Nadu Industrial Investment Corporation Ltd., is requested to follow the guidelines issued by the Government for sanction of subsidy (individual based subsidy) maintain proper disbursement of the subsidy and obtain stamped receipts from the units assisted. The Tamilnadu Industrial Investment Corporation Ltd., is informed that further release will be considered only on production of disbursement certificate for the amount of Rs.22,70,623/- sanctioned in para 2 above. 7. The Industries Commissioner and Director of Industries and Commerce is directed to obtain the utilization certificate from the Tamil Nadu Industrial Investment Corporation Ltd., and send it to Government. 8. This order issues with the concurrence of the Finance Department vide its U.O.No.65990 / Ind / 2004-1, dated 8.10.2004. (By order of the Governor) RAMESHRAM
MISHRA To The Managing Director, Tamilnadu Industrial Investment Corporation Ltd, 692, Anna Salai, Nandanam, Chennai - 00 035 The Industries Commissioner and Director of Industries and Commerce, Chennai - 5 The Accountant General, Chennai - 18 The Accountant General, Chennai - 18 (By name) The Commissioner of Treasuries and Accounts, Chennai-15 The Pay and Accounts Officer, Chennai - 5 Copy to: The Finance Department, Chennai - 9/ The Planning, Development and Special Initiatives Department, Chennai - 9 The State Planning Commission, Chepauk, Chennai - 5 The Secretariat Library, Chennai - 9 The Industries (OP II) Department, Chennai - 9 The Industries (IT) Department, Chennai - 9 SF/SCs /Forwarded by order/ Section Officer.
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