Circular no: 1475662 /MBNN/2021 Date:19/09/2021
Sub: Mana Badi Nadu Nedu – Adjustment of surplus amount available with Parents
Committee transfer to needy schools of NABARD through Transfer Entry
Order mechanism – regarding
Ref: Circular No.1322231/MBNN/2021, Dt.05.02.2021 issued by the Director,
School Education.
Mana Badi Nadu Nedu, Phase-I is nearing completion and will be formally
closed soon.
It is noticed that still unspent money is available with certain Parent
Committees of some schools. As the ongoing NABARD works are in need of funds,
the DEOs & APCs are directed to take immediate action to transfer the unspent
balances from those schools to Parent Committees/Contractors of NABARD
Schools through TEO mechanism so that the progress of NABARD schools will be
expedited.
All the DEOs, APCs, EEs are requested to transfer the unspent balances
through TEO (fund transfer) mechanism. The details of funds provided to the
contractor through TEO shall be recorded in M book in Memo of payments. This
transferred money shall be accounted within Administrative Sanction.
Necessary provision shall be made available by M/S TCS enabling the
transfer of funds and accounted for in STMS.
