Financial Assistance to Panchayats and Panchayat Samitis: Haryana

Details of Financial Assistance to Panchayats and Panchayat Samitis
ParticularsDescription
Name of the SchemeFinancial Assistance to Panchayats and Panchayat Samitis
Sponsored byState Government
Ministry/DepartmentPanchayats
DescriptionThis is a continuing State Plan Scheme. Under this scheme, interest free loan is given to Panchayats and Panchayat Samitis, with a view to augment their financial position and to enable them to take up developmental works in their areas. The loan is advanced to Panchayats and Panchayat Samitis for installation of wells, tube-wells, pumping sets on Shamlat lands, construction of shopping centers, bank buildings, shops, residential quarters and godowns for agriculture produce, and establishment of rural industries, viz. stone Crusher, threshers, chakkis, oil mills, etc. The loan is recoverable in 30 years through yearly instalments. This scheme has been continuing since the year 1957-58. In view of the usefulness of this scheme, it has been decided to continue this scheme, and a provision of Rs. 90.00 lacs is proposed for the year 2005-2006. This amount will be advanced to Panchayats, Panchayat Samitis for the implementation of the above Scheme.
BeneficiariesCommunity,
Benefits
Benefit TypeMaterial,
Eligibility criteriaVillage Panchayat
How to AvailContact Panchayat Department
Validity of the Scheme
Introduced On 01 / 01 / 2007
Valid Upto 01 / 01 / 2012

Source: National Portal Content Management Team  (Haryana, 04-10-2007)