West Bengal Report-IPAI.pdf - Sarva Shiksha Abhiyan

342.6 FUND FLOW2.6.1FUNDING NORMS :Preparation of District Elementary Education Plans by eachdistrict, appraisal of Plans and financial outlay by the ProjectAppraisal Board (PAB) precede release of fund by the centre.Government of India (GOI) would release fund in two instalmentsin April and September every year subject to certain conditionswhich, inter-alia, included the following :(a) Written commitment by the State Government regardingmeeting its share of SSA outlay;(b) State Government would release its matching contributionwithin 30 days of release of fund by GOI;(c) State Government would maintain its investment inelementary education at a level not less than that in the year1999-2000 and the State share of SSA would be over andabove this level every year; and(d) Second instalment of GOI grant would only be released afterthe previous instalment together with State share had beensubstantially (at least 50 percent) spent as per financialnorms.