APGLI Department – Sanction an amount of Rs.1.50 Crores (Rupees one crore and fifty lakhs only) as Additional Budget in the year 2019- 2020– Administrative Sanction – Orders

In the reference 1st read above, the Director of Insurance has requested to create 
a new Head of Account and sanction additional budget for an amount of Rs. 
1,50,00,000/- (Rupees One Crore Fifty Lakhs only) under the relevant Head of 
Accounts, towards the expenses in regard to the establishment of Andhra Pradesh 



General Insurance Corporation Limited (APGICL) 



2. In the reference 2nd read above, a Budget Release Order was issued for an 
amount of Rs.1,50,00,000 /- (Rupees One crore fifty lakhs only) as additional funds, in 
relaxation of treasury control and quarterly regulation orders, pending provision of funds 
by obtaining supplementary grants at an appropriate time during the current financial 
year 2019-20 under relevant Head of Accounts towards the expenses in regard to the 
establishment of Andhra Pradesh General Insurance Corporation Limited (APGICL) 



3. Government After careful examination hereby accord administrative sanction for 
an amount of Rs.1,50,00,000 /- (Rupees One crore fifty lakhs only) as additional funds 
during the current financial year 2019-20 towards the expenses in regard to establishment



of Andhra Pradesh General Insurance Company (APGIC) under the following Head of 
Accounts.

SUBSCRIBE TO OUR NEWSLETTER

Related Posts :

0 Response to "APGLI Department – Sanction an amount of Rs.1.50 Crores (Rupees one crore and fifty lakhs only) as Additional Budget in the year 2019- 2020– Administrative Sanction – Orders"

Post a Comment