RT-1067: RIDF–Schemes for completion of on going Irrigation Projects and other schemes–Sanction of loans by NABARD under RIDF – Payment of interest charges for the quarter ending 31-03-2012 – Orders – Issued.

GOVERNMENT OF ANDHRA PRADESH ABSTRACT RIDF–Schemes for completion of on going Irrigation Projects and other schemes–Sanction of loans by NABARD under RIDF – Payment of interest charges for the quarter ending 31-03-2012 – Orders – Issued. FINANCE (WA-I) DEPARTMENT G.O.Rt.No. 1067 Dated:22-03-2012 Read the following: NABARD,s Lr.No.NB.APRO/HYD/16011/LOS-27A/2011-12, dt:19-03-2012. *** O R D E R: In the reference read above NABARD has intimated that an amount of Rs.81,96,72,948/-(Rupees Eighty one crore ninety six lakhs seventy two thousand and nine hundred forty eight only) is payable by Government of Andhra Pradesh towards interest for the period from 01-01-2012 to 31- 032012 in respect of loan outstanding under RIDF as on date. The NABARD has also requested to remit the said amount on or before 30th March, 2012. 2. Accordingly, Government hereby sanction an amount of Rs..81,96,72,948/-(Rupees Eighty one crore ninety six lakhs seventy two thousand and nine hundred forty eight only) towards the payment of interest payable to NABARD for the quarter ending on 31st March, 2012 on various loans / advances released to the Government of Andhra Pradesh under RIDF for completion of various Irrigation Projects and Road and Bridge works in the State. 3. The expenditure sanctioned above shall be debited to the head of account “2049 Interest Payments (charged) 01 Interest on Internal Debt M.H.200 Interest on other Internal Debts – S.H. (13) Interest on Loans from the NABARD for RIDF Schemes-450 Interest ” and shall be met from provision available in Budget 2011-12 under above head of account.. 4. The Assistant Secretary, Finance (Claims) Department shall draw and credit the amount to the A/c No.8692974, RBI, Fort Branch, Mumbai -400 001. [BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH ] L.PREMCHANDRA REDDY, SECRETARY TO GOVERNMENT (W&P) To The Chief General Manager, NABARD, Regional Officer, Hyderabad. The Accountant General, A.P., Hyderabad. The Pay and Accounts Officer, Hyderabad. Copy to: PS to PFS Finance (Claims / DCM-I) Department. SF/SCs. // FORWARDED :: BY ORDER // SECTION OFFICER