Para 10.9.3 — CAM

10.9.3 In terms of Rule 238 of GFR, 2017, a formal utilization certificate of the grants should be furnished by the administrative authority in the given format to the PAO. Normally, the certificate should be based on statements of accounts and the reports regarding performance or achievements of the grantee institutions vis-a-vis the objects and conditions of the grants. In case of the schemes covered under Direct Benefit Transfers (DBT), where the fund flow is directly from the Central Government to the beneficiaries, the intimation from the bank/National Payments Corporation of India (Aadhaar Payment Bridge) regarding deposit of the funds in the beneficiaries’ bank accounts, generated as per procedure prescribed by the CGA, may be treated as a Utilization Certificate.