State of Rajasthan - Act
The Rajasthan Grant of Subsidy (On Managerial Staff) to Small Scale Industries Run by Cooperative Societies Rules, 1970
RAJASTHAN
India
India
The Rajasthan Grant of Subsidy (On Managerial Staff) to Small Scale Industries Run by Cooperative Societies Rules, 1970
Rule THE-RAJASTHAN-GRANT-OF-SUBSIDY-ON-MANAGERIAL-STAFF-TO-SMALL-SCALE-INDUSTRIES-RUN-BY-COOPERATIVE-SOCIETIES-RULES-1970 of 1970
- Published on 12 March 1970
- Commenced on 12 March 1970
- [This is the version of this document from 12 March 1970.]
- [Note: The original publication document is not available and this content could not be verified.]
1. Short title.
- These rules may be called the Rajasthan Grant of subsidy (on Managerial Staff) to small scale industries by Co-operative Societies Rules, 1970.2. Application.
- These rules shall apply to the grant of subsidy to small scale industries run by co-operative societies for the services of a Manager (Including Technical Manager) engaged by them with a view to organise the affairs of the industry.3. Definitions.
- (i) "Assistant Director" means Assistant Director of Industries and Civil Supplies and shall include, Project Officer. Rural Industrialisation and District Industries Officer.4. Application for subsidy.
- A small scale industry run by a Cooperative Society, can within six months from the date of its registration or the date of raising the necessary share capital and/or working capital loan, apply to the Assistant Director concerned for the grant of subsidy in Form I under these rules provided that a recommendation for grant of such subsidy is made by the Assistant Registrar, Co-operative societies concerned.5. Extent and nature of subsidy.
- The nature of subsidy shall be in the form of cash grant on the pattern given below for enabling the small scale industry run by the Co-operative Society to meet the pay and allowances of the Manager/Technical Manager, on its giving an undertaking in writing in Form 11 to bear its share of expenditure on the pay of the Manager/Technical Manager in the scale of Rs. 200 12 ½ - 250 plus allowances eligible to Rajasthan Government Servants.| S.No. | Year | State share of subsidy | Share of Industry |
| 1. | First year | 100% | |
| 2. | Second year | 75% | 25% |
| 3. | Third year | 50% | 50% |
| 4. | Fourth year | 25% | 75% |
6. Delegation of powers.
- The Director shall grant the aid subject to the condition laid down in Rules 4 and 5 above being fulfilled and availability of funds under appropriate heads.7. Mode of payment.
- In the first year, the amount of subsidy shall be granted to the small scale industry run by Co-operative Society, with the sanction, while the balance amount found due to the small scale industry as per pattern of assistance laid down in Rule 5 above shall be released to the society, submitting a utilisation certificate authenticated by the Assistant Registrar Co-operative Societies concerned followed by a detailed account of expenditure audited by a Chartered Account in due course.8. Inspection and Audit.
- The Registrar may authorise Director, Assistant Director, District Industries Officer, Assistant Registrar, and Accountant General, Rajasthan or any other officer to inspect books of Co-operative societies.9. Misutilisation of subsidy.
- In the event the amount of subsidy is not utilised by the small scale industry run by the Co-operative society for the purpose for which it is granted, the entire amount of grant shall be recovered as an arrears of land revenue in lump sum with interest at 12% per annum from the date of disbursement.Form I(See Rule 4)Form of Application for grant of subsidyForm of application for grant of subsidy (on managerial staff) to small scale industry run by industrial Co-operative Societies. (Please give full information in respect of each item and in case, space is inadequate, separate sheets may be attached as appendix).1. Name and address of the Society with Tahsil and District.
2. Whether N.E.S./C.D./F.F/P.I./Blocks.
3. Number and date of registration.
4. Membership.
5. Name of the Industry/ Industries conducted by the Society.
6. Name of Industry for which subsidy is applied for.
7. Number with details regarding salary etc. of the members of staff engaged or to be engaged by the Society.
8. Where does the society propose to work?
9. Is the Industry or business already started by the society, if so, give the date of starting the industry/ and state how the Society is functioning and/ or proposes to function i.e. whether it proposes to work purely as a producer society or whether it proposes to grant loan to its members in cash or in kind and if so, on what terms?
10. Capital already invested in the industry showing separately investment from societies own funds.
11. Loans outstanding with members on the date of Audit. Has any amount from this loan become over-due?
12. Please enclose the balance-sheet of the society as on last audit or 30th June preceding whichever is later and a trial balance as on the date of application giving the following information:-
13. Assistance already Received From-
| | Loan | Subsidy | ||
| (i) | Industries Department | " | " |
| (ii) | Rajasthan Khadi Board | " | " |
| (iii) | Block authorities | " | " |
| (iv) | Central Co-operative Bank | " | " |
| (v) | Any other source | " | " |
| Total ..... | " | " |
14. Is there any paid Manager or Secretary of the Society if so, state his experience?
15. (a) Date of last audit and audit classification.
16. Please enclose a copy of the Managing Committee's resolution authorising the Chairman or Secretary of the Committee to apply for them and to receive the amount of subsidy for managerial staff on behalf of the Society.
17. Any other information
| Attestation by the InspectorCo-operative Societies. | Signature of the memberof Managing Committee. |
| Share of society running the industry. | |
| 1st year | Nil |
| 2nd year | 25% |
| 3rd year | 50% |
| 4th year | 75% |