School Education Department-Nadu Nedu- Revised guidelines

Memo. No.13021/69 /MBNN/2020

School Education Department-Nadu Nedu- Revised guidelines in

managing regarding

revolving fund and implementation of the program-issued

1. GO Ms No. 87 of School Education (Prog-1)Department dated 30-11- 1

2. GO MsNo. 22 of School Education (Prog-ll) Department dated 06-056

2019.

2020.

Government vide the reference 1t cited have accorded administrative approval for

improving the infrastructure facilities with nine identified components in all the

Schools under Mana Badi Nadu Nedu programme. Detailed guidelines were issued

in implementation and on funds flow under Nadu Nedu.

2. But certain District Education Officers expressed the difficulties and challenges

being faced in execution and funds flow of Nadu Nedu works requested to dispense

with the elaborate procedures laid down in releasing the revolving fund and vendor

payments.

3. Considering the request, the Government have agreed the relaxation in fund

flow system and issued the GO Ms. No. 22 with the revised funds flow guidelines.

Hence with reference to the GO Ms. No. 22 the following guidelines are issued.

15% advance amount to Parents Committee account:

i. The guidelines issued in earlier references on the revolving fund and

advance material payments are superseded with the present

ii. A revolving fund (RF) to the extent of 15 % of the total project cost will

ii. Generated RF will be visible in AEE / Site Engineers login for approval

iv. The FAO, shall verify the RF and push it to APCs for further process.

guidelines.

be released to the Parents Committees account.

and for further submission to FAO, RMSA (Nadu Nedu).

v. The APC SS shall approve and push the FTOs to CFMS (Finance

department) for making payments to POCs bank account. APC can

select multiple FTO based on the size of the FTO file which will be

digitally signed, and APC can download FTO hard copy for office

purpose.

vi.Once the 15 % revoving fund is received, the information should be

given to PC in their regular weekly meeting. The same shall be

recorded in minutes and books of accounts.

vii.In case of payments already made to vendors from CFMS, the PCs