INFRASTRUCTURE GAP FILLING FUND AND OPERATION & MAINTENANCE GAP FILLING FUND
Based on the Third State Finance Commission’s recommendations, Government will allocate Funds in the Budget for Infrastructure Gap Filling Fund and operation and maintenance of needy infrastructure facilities of urban local bodies. The heads of the departments, O/o Directorate of Municipal Administration and Directorate of Town Panchayat will draw the funds from Government and route the same to TUFIDCO. TUFIDCO will deposit the amount in our Fund account.
As per the directions given by the O/o Directorate of Municipal Administration and Directorate of Town Panchayats, TUFIDCO will release the fund to the local bodies.
|