Revision in Norms of AAFS in case of RIDF/ WIF Projects
Government of West Bengal
Finance Department
Audit Branch (Group T)
(File No. 281387)
No. 2652-F(Y) Dated, 14th September, 2020
MEMORANDUM
Sub.: Revision in norms of Administrative Approvals in case of RIDF/ WIF projects
As per prevailing norms under Rural Infrastructure Development Fund (RIDF)/ Warehousing Infrastructure Fund (WIF), the Administrative Departments have to submit the technically vetted estimates/ DPRs of the Projects directly to NABARD. Thereafter, after sanction of the projects by NABARD, administrative approval & financial sanction is to be accorded within one month of the date of sanction.
2. Now, for speedy execution and implementation of projects taken up under RIDF/ WIF, all projects which have already been given in principle approval by Finance Department and sanctioned by NABARD, may be accorded Administrative Approval and Financial Sanction (within the budgetary allocation of the Department) by the Additional Chief Secretary/ Principal Secretary/ Secretary in charge of the respective Departments with the concurrence of the Financial Advisor of the Department. Necessary funds may also be released by the Administrative Departments subject to available Budget Provision.
3. Hence, the system of sending the proposals sanctioned by NABARD to Finance Department for Administrative Approval & Financial Sanction and also release of fund is discontinued with effect from 1st October, 2020.
4. This is issued in the interest of public service.
Sd/- H.K. Dwivedi
Additional Chief Secretary to the
Government of West Bengal