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Mana Badi Nadu Nedu - Adjustment of surplus amount to needy schools

Mana Badi Nadu Nedu - Adjustment of surplus amount to needy schools

Circular No: 1475662 /MBNN/2021 Date: 19/09/2021

Sub: Mana Badi Nadu Nedu - Adjustment of surplus amount available with Parents Committee transfer to needy schools of NABARD through Transfer Entry Order mechanism - regarding

Ref: Circular No.1322231/MBNN/2021, Dt.05.02.2021 issued by the Director.School Education.

Mana  Badi Nadu Nedu, Phase-I is nearing completion and will be formally closed soon.

It is noticed that still unspent money is available with certain Parent Committees of some schools. As the ongoing NABARD works are in need of funds. the DEOS & APCs are directed to take immediate action to transfer the unspent balances from those schools to Parent Schools through TEO mechanism so expedited. www.hommittees/Contractors of NABARD progress of NABARD schools will be.

All the DEOS. APCs. EEs are requested to transfer the unspent balances through TEO (fund transfer) mechanism. The details of funds provided to the contractor through TEO shall be recorded in M book in Memo of payments. This transferred money shall be accounted within Administrative Sanction.

Necessary provision shall be made available by M/S TCS enabling the transfer of funds and accounted for in STMS.

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