How much amount against any particular bill submitted by Agri. Produce Market Committee (APMC) is payable as GOI assistance?
It depends upon running bills for completed stages of works submitted by APMC. As per procedure approved by Competent Authority, 90% of 60% share of Govt. subsidy is computed considering lower quantity/area/rate claimed viz-a-viz quantity/area/rate approved under the project. In respect of final bill 60% Govt. subsidy is paid based on the completion certificate and final inspection report of Technical Appraisal Team (TAT). Final payment is released on getting satisfactory completion report of the project duly verified/confirmed by the team of experts from TMC.
Related Questions
- How much amount against any particular bill submitted by Agri. Produce Market Committee (APMC) is payable as GOI assistance?
- How do I determine the estimated market value of a particular property using the Comparable Sales provided by RealtyTrac?
- What are some of the challenges that are particular to the China market?