Section 9 in Andhra Pradesh Skill Development Fund Rules, 2012
9. Transfer of Funds to Sub-Mission for implementation of Rajiv Yuva Kiranalu.
(1)Funds may be released towards 1st instalment from the savings bank account to the Sub - Missions and other constituents as per the authorized budget requirement of funds projected based on progress and utilization of funds already released.(2)Pre-audit shall be done before the release of 2nd and subsequent instalments.(3)Releases shall be made on line duly approved by the Secretary.(4)Releases shall be made based on proposed work turn-out in terms of number of trainings, placements etc., Ad hoc/consolidated releases shall not be done.(5)Releases shall be regulated taking into consideration the spill over amounts, interest accrued and other available Funds.
