Para 10.1.2 — CAM

10.1.2 In case of Government loans, general guidelines and instructions on the interest rates to be charged and period of repayment to be fixed for loans of different categories, are contained in Ministry of Finance (Budget Division) O.M. No. 5(3)-B (PD)/2016 dated 6th January 2017 as amended from time to time (APPENDIX 10.1 to this Chapter). At present, any request for waiver of outstanding Govt of India loan or interest thereon is considered only in cases where the CPSU is being closed down/strategically sold (Budget Division OM No. F 5(3)-B(PD)/2017 dated 16th January, 2018). The Accounts Offices shall keep these provisions and the amended instructions in view while scrutinizing the sanctions for loans, if any. Due date of loan repayments and interest recovery should be adhered to in terms of the Ministry of Finance (Budget Division) OM dated 6th January, 2017.