Para 8.18.1 — CAM

8.18.1 Ministries/Departments of Central Government will arrange payment of loans and grantsin-aid through their Principal Accounts Offices by issue of Inter-Governmental Advice to RBI,CAS,Nagpur similar the procedure laid down for State Governments in para 8.15. The Ministries/Departments of the Government of India will address the sanctions relating to payment of grants/loans to the UT Governments with Legislature, to their Principal Accounts Office. They will also endorse its copy to the concerned Finance Secretary and Pay and Accounts Officer/Director of Accounts of the UT Government. The Principal Accounts Office of the Ministry/Department will make the payment to the UT Governments on the basis of the sanction through IGA to RBI,CAS,Nagpur. The Principal Accounts Office should furnish full particulars relating to the payment and endorse a copy of the forwarding letter to the Finance Secretary of the concerned UT Government. The Principal Accounts Office will account for the payments under the concerned grants-in-aid/loan head of account. On receipt of the payment, the Pay and Accounts Officer of the UT Government will take immediate action to account for the receipt under the concerned head in their books.