Policy Circulars 2004 - yashada
Policy Circulars 2004 - yashada
Policy Circulars 2004 - yashada
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2.2.2 Expenditure - Expenditure eligible for utilizations purpose, expenditure incurred<br />
for the training courses under project, expenditure incurred for sponsored courses.<br />
Expenditure for extra amenities, furniture, renovation from project surplus.<br />
Course surplus available during respective financial year.<br />
Head of department. in charge of sponsored course will be eligible to claim such<br />
extra amenities from project / course surplus by obtaining approval of Director<br />
General / competent authority.<br />
Cash incentives if any as per YASHADA'S policy will also be debited to above<br />
surplus funds.<br />
2.3. Corpus funds<br />
2.3.1 Receipts: Interest on investment of funds, income generated from hiring<br />
out YASHADA amenities course / project surplus etc.<br />
2.3.2 Expenditure:<br />
• From YASHADA's Investments - Capital expenditure which can<br />
not be incurred or met from YASHADA grants that would reduce<br />
recurring liability considerably or resulting increase in Direct<br />
income of YASHADA .<br />
• From Revenue income of YASHADA's Corpus - Revenue<br />
expenditure which can not be incurred due to the shortage of<br />
government grants, and other expenditure beyond government<br />
norms, regulations, standard conventions, economy measures<br />
principally consented by BoG or competent authority.<br />
3. Explanation<br />
In consonance with above principles, explanatory chart with illustrative examples is<br />
enclosed for ready reference.<br />
3.1. All Heads of departments. Heads of various Centers, Cells. should ensure that<br />
while submitting any proposal for expenditure, they should invariably refer<br />
enclosed table and indicate the source of receipt from which the proposed<br />
expenditures should be incurred.<br />
3.2 Similarly if this expenditure is to be incurred from Project Funds, then payment<br />
invoice should be accompanied by Top Sheet as prescribed in Clause 2 of<br />
Accounts Section Circular dated 10/09/2003 (copy enclosed) .<br />
In absence of specific mention of Fund from which expenditure is to be incurred on<br />
proposal / bill Accounts Section will be competent to withheld or decline payment.<br />
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