FUNDS RELEASED TO TAMIL NADU UNDER SGRY

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Ministry of Rural Development has released an amount of Rs. 58.07 crore as first installment of funds under Sampoorna Grameen Rojgar Yojana (SGRY-I Stream) to the 28 district of Tamil Nadu during 2003-2004.

The cash expenditure on the implementation of the programme is to be shared 75.25 basis between the Centre and the State respectively. The State Government should release to the district the State cash share within a fortnight of the date of release of the Central assistance.

The First Stream of the Programme is being implemented at the District and Intermediate level Panchayats. 50% of the funds are earmarked out of the total funds available under the SGRY and distributed between the Zilla Parishad and the Intermediate level Panchayats or Panchayat Samitis in the ratio of 40:60.