The financial assistance scheme of Government provides for financial assistance up to a maximum of Rs. 10 lakh per park to meet the full estimated costs of installation of energy systems and devices.
Assistance for maintenance is provided at the rate of 7 percent of the capital cost of the systems and devices for a total period of four years starting from the second year.
Nodal agencies are given up to Rs. 5,000/- per park for monitoring and reporting purposes.
human resource development, being a vital ingredient for the success of any program, Ministry of Non-Conventional Energy Sources has accorded a place for this in all its activities. It has been organizing seminars, symposium, workshops, and conferences, study tours, and training programs, besides facilitating the participation of Indian scientists and technologists in international events as a part of its human resource development efforts.
The objective of the scheme is to provide financial assistance :
providing financial assistance
to voluntary society organizations for organizing or supporting seminars, symposium, and workshops. In order to bring about mutual interaction, exchange of the latest information in specialized fields of knowledge and to create awareness among the people, about the non-conventional energy sources.
you can get your own trust registration and enhance the organization capability to grant funds and assistance.
The amount of financial assistance provided for one activity / project / scheme at particular location shall not ordinarily exceed Rs. 5 lakh only. No NGO shall be eligible for more than one grant in a single financial year except in cases where an NGO works at more than one location. The purpose of the grants shall ordinarily be restricted to development of infrastructure like rooms for use in teaching or imparting job-oriented skill/training, medical consultation, patient’s waiting rooms, laboratories, hostels, library room, drinking water and toilet facility, purchase of library books, laboratory equipments, medical equipments, furniture equipment for use in vocational / technical training or skill development, etc. Assistance for operational cost could be considered for innovative projects by promising NGOs.
The assistance extended by the minority affairs will take the form of a 5-year cumulative loan with the physical assets created out of the assistance as a guarantee. After five years of operating of the projects, the Department will convert the loan to grant by writing-off the loan.
On the other hand, if the NGO winds up the project funded, and shifts the funds to a non-minority concentrated area, repayment of the loan will be sought. This will effectively tie the funds to minority-concentrated areas.
