No.O-170341122/2009-H/I&M/FTS-5366 Government of India Ministry of Housing & Urban Poverty Alleviation (HFA-Mission Directorate) Nirrnan Bhawan, New Delhi Dated: so" September, 2015 To The Pay and Accounts Officer Ministry of Urban Development and Ministry of Housing and Urban Poverty Alleviation Nirrnan Bhawan, New Delhi - 110 108 Sub: Sanction of Rs. 15.00 crore to the Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH) as Government of India's contribution to the corpus of the Trust during 2015-16 - regarding. Sir, Sanction of the President of India is hereby conveyed to the release of Rs. 15,00,00,000.00 (Rupees Fifteen Crore Only) to the Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH) as Government oflndia's contribution to the corpus of the Trust during 2015-16 subject to the following terms and conditions: a) The Scheme is to be implemented as per the provisions contained in Cabinet Note dated 23rd March, 2012 and subsequent modifications in the Scheme effected from time to time. b) The accounts of the Trust would be audited by the C&AGI Chartered Accountants recommended by C&AG as per the procedure applicable to public funds. c) As the Government of India's contribution is towards the Corpus fund of the Trust, the Utilization Certificates are not applicable. 2. The receipt of this letter may kindly be acknowledged and action taken be intimated to this Ministry urgently. 3. The expenditure involved is on 'Plan' item and debitable under: 2217 05 191 Urban Development (Major Head) Other Urban Development Schemes (Sub Major Head) Assistance to Local Bodies/Corpn, Urban Development Authorities, Town Improvement Boards (Minor Head) Rajiv Awas Yojana (Sub Head) Credit Risk Guarantee Fund Trust Contribution (Object Head) 07 07.02 07.02.32 5. The Bank details of CRGFTLIH for making payments are as below: Name of the Name of the Bank Addressl Code of Account No. IFSC Code beneficiary where Alc is held Bank Branch Credit Risk Union Bank of Pahar Ganj Branch, 3571020100 UBIN0535711 Guarantee Fund India No. 2/2 D.B. Gupta 52874 Trust for Low Road, Pahar Ganj, Income Housing New Delhi - (CRGFTLIH) 110055 _,........ JIJJ()JW1