ABSTRACT
Cooperation –Differently- Abled persons - Interest free loans to Differently Abled persons in
Cooperative Banks – Rs.50.00 lakh Sanctioned – Orders issued.
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COOPERATION, FOOD AND CONSUMER PROTECTION (CC1) DEPARTMENT
G.O. (D) No. 104 Dated: 26.03.2015
Read:
1. G.O(D) No.290, Cooperation, Food and Consumer Protection
Department, dated 20.11.2014
2. From the Registrar of Co-operative Societies, letter No.89510/
2014/CBP3. dated 11.3.2015
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ORDER:
In the Government Order first read above, the Government have
sanctioned a sum of Rs.50 lakhs towards first instalment as interest subsidy to
Cooperative Banks for the disbursement of interest free loans to the
Differently abled persons during the year 2014-2015.
2. In order to encourage more number of Differently Abled persons to
take up various economic activities and to avail the credit facilities from the
Co-operative Banks for their better economic prospects, the Registrar of
Cooperative Societies in his letter second read above has requested the
Government to release the second instalment for the amount of
Rs.50.00 lakhs as interest subsidy to Cooperative Banks for the disbursement
of interest free loans to Differently Abled Persons during the year 2014-2015.
3. The Government have examined the above proposal of the Registrar
of Cooperative Societies and accord sanction for the release of a sum of
Rs.50.00 lakh (Rupees Fifty lakh only) towards second instalment as interest
subsidy to Cooperative Banks for the disbursement of interest free loans to
the Differently Abled persons during the year 2014-2015.
4. The expenditure sanctioned in paragraph-3 above shall be debited to
the following Head of account:-
“2425 - 00 - Co-operation - 107 - Assistance to Credit
Co-operatives – SCHEMES IN THE TWELFTH FIVE YEAR
PLAN - II - State Plan - KD - Interest free loans to Differently
Abled Persons who availed loan from Co-operative Banks-11 -
Subsidies - 02 General Subsidy”.
(DPC 2425 00 107 KD 1126)
5. The Registrar of Co-operative Societies is authorized to draw and
disburse the amount sanctioned in paragraph-3 above to the Managing
Director, Tamill Nadu State Apex Cooperative Bank, Chennai.
6. The Registrar of Cooperative Societies is also requested to send the
details about the target achieved for the disbursement of loans to the
differently abled persons during the year 2014-2015.
7. This order issues with the concurrence of Finance Department
vide its U.O.No.17731/CF&CP/2015-1, dated 23.3.2015.
13.11.2014 (BY ORDER OF THE GOVERNOR)
Md.NASIMUDDIN
Principal Secretary to Government
To
The Registrar of Cooperative Societies, Chennai – 600 010
The Managing Director, Tamill Nadu State Apex Cooperative Bank,
Chennai-1
The Accountant-General (A & E), Chennai-18
The Accountant-General (Audit-I), Chennai-18
The Accountant-General (CAS), Chennai-9
The Pay and Accounts Officer (South), Chennai-35
Copy to:
The Finance (CF&CP/B.G.I/B.G.II/L&A Cell) Department, Chennai-9
The Hon'ble Chief Minister’s Office, Chennai-9
The Special P.A. to Minister for Cooperation, Chennai-9
The Special P.A. to Minister for Social Welfare, Chennai-9
The Principal Secretary to Government, Finance Department, Chennai-9
The Secretary to Government (Welfare of the Differently abled persons),
Chennai-9
The Cooperation, Food and Consumer Protection (CG) Department,
Chennai-9
Stock File/Spare Copy
//Forwarded By Order//
Section Officer
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