GHADC gets Rs 20 cr as advance on royalty share

Date:

Share post:

spot_imgspot_img

TURA, Feb 9: The state government on Wednesday sanctioned Rs 20 crore to the Garo Hills Autonomous District Council (GHADC) as advance payment on the share of royalty on major minerals.
According to a statement in this regard, the sanctioned amount was made available by way of advance from the Contingency fund as sanctioned by the Finance department.
“The expenditure is debitable to the head of accounts 8000-contingency fund-265-Non-Ferrous Mining and Metalurgical Industries, 2853 Non-Ferrous Mining Metalurgical Industries-02 Regulation and Development of Mines-800- Other Expenditure. (01) Expenditure on Account of District’s Council’s share in lieu of royalties collected from major minerals- 14- Rent, Rates and Taxes, Sixth Schedule Part-II Areas-voted during the current financial year 2021-2022,” the statement read.
The relevant rules and procedures for incurring expenditures, drawal and disbursement of the money should be strictly adhered to, it added.

spot_imgspot_img

Related articles

Very excited: Indian diaspora in Seychelles ahead of PM Modi’s Navashakti Vinayakar Temple visit

Victoria, June 29: Ahead of Prime Minister Narendra Modi's visit to the Navashakti Vinayakar Temple in Victoria during...

India protected its consumers from oil shock as West Asia crisis rattled world economies

New Delhi, June 29: As the West Asia crisis rattled global economies with surging oil and gas prices...

Tripura Queen Pineapple Global Festival: ‘Buyer-Seller Meet’ sign Rs 11 crore deals

New Delhi/Agartala, June 29: In a major boost to Tripura's pineapple industry, as many as 18 Letters of...

Bangladesh: BNP targets Jamaat over 1971 Liberation War stance, demands apology

Dhaka, June 29: The ruling Bangladesh Nationalist Party (BNP) government criticised the radical Islamist party Jamaat-e-Islami over its...