Finance department issued revised guidelines for the drawal of funds of Local Self Govt Institutions w.e.f April 1st 2015. The existing system of transferring funds from the consolidated fund to the public account is dispensed.Allotment will be issued in 3 installments through Govt order and this GO will be treated as allotment letter. General Purpose Grant should be kept in a special TSB account opened for that purpose in the concerned treasuries.
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