1. Maximum assistance under the scheme will be as under:

2. All grants under the Scheme will be of a non-recurring nature. Recurring expenditures, if any, will be the responsibility of the grantee organization.

3. Assistance under the scheme to an organization will be restricted to a maximum of 60% of the approved estimated project cost, subject to the ceilings given above. In the case of projects in the North Eastern Region (NER) [comprises States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura] the maximum amount of Central financial assistance would be 90% of the total approved project cost subject to the maximum financial ceilings as mentioned above. The balance of the approved estimated project cost is to be incurred by the organization as its ‘matching share’.

Illustrations:- For projects involving new construction/ purchase of built-up space in metro cities.

Case 1:If the approved cost of the project is ₹100.00 lakhs (in metro cities), the maximum grant which may be sanctioned would be ₹50.00 lakhs, the matching share of the grantee organization being ₹50.00 lakhs.

Case 2:If the approved cost of the project is ₹70.00 lakhs (in metro cities), the maximum grant which may be sanctioned would be ₹42.00 lakhs, the matching share of the grantee organization being ₹28.00 lakhs. In the case of NER projects, the maximum grant which may be sanctioned would be ₹25.00 lakhs, the matching share of the grantee organization being ₹45.00 lakhs.

For projects involving new construction/ purchase of built-up space in non-metro cities and all projects under:

Case 3:If the approved cost of the project is ₹60.00 lakhs (in non-metro cities), the maximum grant which may be sanctioned would be ₹25.00 lakhs, the matching share of the grantee organization being ₹35.00 lakhs.

Case 4:If the approved cost of the project is ₹40.00 lakhs (in non-metro cities), the maximum grant which may be sanctioned would be ₹24.00 lakhs, the matching share of the grantee organization being ₹16.00 lakhs. However, in the case of NER, the maximum grant which may be sanctioned would be ₹25.00 lakhs, the matching share of the grantee organization being ₹15.00 lakhs.

4. Cost of the land (actual consideration paid by the recipient organization and not market value) and development charges borne by the organization shall be accounted as matching shares.

5. Expenditure already incurred by the organization on construction/ purchase/ development of land & building and purchase of fixtures and fittings within a period of one year from the date of application, shall also be accounted as matching share. The organization will submit accounts of expenditure incurred in this regard duly certified by a Chartered Accountant.

6. In case the cost of the project is enhanced subsequently, the liability of the Government of India will be restricted to the original sanctioned amount, and all the extra expenditure will be met by the grantee organization from its own resources.

7. Once the project proposal has been considered and approved for a certain amount, no subsequent requests for review and enhancement of project cost will usually be entertained.

8. An Undertaking is required to be submitted at the time of submission of the application by the applicant organization to the effect that the project will be completed within a period of three years from the date of release of 1st Installment.