Date: 2024-09-19Category: Not ApplicableState: Uttar PradeshCountry: India
वित्तीय वर्ष 2024-25 मे गोरखपुर लिंक एक्सप्रेसवे परियोजना के निर्माण कार्य हेतु वित्त संस्थाओं से लिये गये ऋण के मूलधन की अदायगी हेतु धनराशि के आवंटन के संबंध में।
This is a policy document from the Industrial Development Section-3, issued by the Government of Uttar Pradesh on September 9, 2024. It concerns the allocation of funds for repayment of principal of loans taken from financial institutions for the construction of the Gorakhpur Link Expressway in the financial year 2024-25.
The document approves the release of ₹4687.50 Lakhs (Rupees Forty-Six Crore Eighty-Seven Lakhs Fifty Thousand Only) from October 1, 2024 to December 31, 2024 for the purpose of repaying the principal amount of the loan taken from financial institutions for the Gorakhpur Link Expressway project.
The allocated fund will be utilized from budget head 2852808002600 for assisting in repayment of principal of loans taken by UPIDA from the financial entities involved in development of the Gorakhpur Link Expressway.
The policy outlines several conditions and restrictions, including:
* The allocated funds should be deposited in same account from which the loan was taken
* Utilization certifications are to be sent to local auditors in Prayagraj, the Accountant General, Prayagraj, and the government.
* Strict adherence to budget manual and other financial regulations
The order is issued by Om Prakash Yadav, Joint Secretary, with copies sent to various officials, including private secretaries, accountants general, financial controllers, and others for information and necessary action. The authenticity of the order can be verified on the website http://shasanadesh.up.gov.in. Contact is Om Prakash Yadav, Joint Secretary.
Key Entities Referenced
Gorakhpur Link Expressway Project: The project for which funds are being allocated to repay loans taken by financial institutions.
Uttar Pradesh Expressways Industrial Development Authority (UPEIDA): The entity responsible for utilizing and accounting for the allocated funds for the Gorakhpur Link Expressway Project.
Industrial Development Section-3: The section of the government responsible for the order's issuance.
Finance (Income-Expenditure) Section-1: Referenced in the order regarding compliance with financial regulations.