(1) The Corporation shall within three months of the date of closing of each year submit to the State Government an annual report.
(2) The report shall contain inter alia particulars regarding thea) Industrial areas/estates entrusted to the Corporation by the State Government;
b) Programme of work for the year under report;
- 7 - c) Progress of work during the year with particular reference to thei) Land acquired, ii) Development carried out, iii) Amenities provided, iv) Industries established in the industrial areas/estates and v) Details of any other activities entrusted to and undertaken by the Corporation under and in accordance with the act;
d) Finance for Corporation;
e) Changes if any, in the constitution of the Corporation;
f) Establishment under the Corporation and their compliance;
g) Directions given by the State Government to the Corporation and their compliance;
h) Programme of work for the succeeding year;
i) stock-taking of accounts, showing expenditure, revenue liabilities and assets.
(3) The Corporation shall also submit to the State Government by the 1st day of November of each year, a progress report based on its working and accounts of the first sixth months of the year.
- 8 - 6[Form “A”] See Rule 24 (2)
1. Budget Estimates of the (Revenue Receipts) Annual financial Statement Industrial development Corporation for the year Sub-Heads Actuals for the previous year Budget estimates for the current year Revised estimates for the current year Budget estimates Remarks (Explanation for increase/ decrease)
1. Annual rent of land leased
2. Annual rent of buildings
3. Water supply and electric supply charges
4.Hire charges for tools and plants
5.Recovery of fines from contractors
6.Forfeiture of deposits
7.Interest
8.Misce11aneous
9.Subventions from State Government Total Deficit 2 Rs.
3 Rs.
4 Rs.
5 6 Rs.
II. Budget Estimates of the (Revenue Expenditure) Industrial development Corporation for the year Sub-Heads Actuals for the previous year Budget estimates for the current year Revised estimates for the current year Budget estimates Remarks (Explanation for increase/ decrease) I. Administrative Expenses
(a) Establishment and other charges
(b) Contingencies Total I 2 Rs.
3 Rs.
4 Rs.
5 6 Rs.
Deduct. .......... Per cent transferred to development expenditure in capital account II. Executive Expenses
(a) Establishment and other charges
(b) Contingencies Net Total II Deduct. .......... Per cent transferred to development expenditure in capital account Net III. Water supply and Electricity supply charges IV. Maintenance and Repairs Deduct. .......... Per cent transferred to development expenditure in capital account V. Depreciation VI. Expenditure in connection with issue of loan VII. Interest on loans VIII. Sinking Fund Transfers lX. Miscellaneous Total Surplus - 9 - Rs.
3 Rs.
4 Rs.
5 Rs.
6 R^
1. Survey and Planning
2. Roads
3. Water works, drainage works and electrical work
4. building
5. railway sidings
6. miscellaneous including contingencies total III. Budget Estimates of the (Capital Receipts) Industrial development Corporation fior the year Sub-Heads Actuals for the Budget estimates Revised Budget Remarks previous year for the current year estimates for estimates (Explanati the current on for year increase/ decrease)
1. Loans received - a) from Government b) other loans (public or private)
2. Deposits - a) for lease of plots and buildings b) other deposits
3. Miscellaneous
4. Sinking Fund transfers from Revenue Deduct- Investments 2 Rs.
3 Rs.
4 Rs.
5 6 Rs.
Total Capital deficit lV. Budget Estimates of the (Capital Expenditure) Industrial development Corporation for the year 2 3 4 5 6 Rs. Rs. Rs. Rs.
I. Fixed Assets II. Development of industrial areas and estates III. Development of other schemes lV. Development of schemes undertaken for and on behalf of Government Less- Deposits V. development of schemes undertaken on behalf o1 Government Less- Deposits VI. Stock VII. Advances VIII. Sundry Creditors(-) Total Capital Surplus v. Budget Estimates of the Details of Schemes Industrial development Corporation for the year Revenue Surplus:
Capital Surplus:
Explanatory Note:
VI. Ways and Means Revenue Deficit:
Capital Deficit:
Name of Scheme Total Expenditure Actuals for Budget Revised Budget Remarks estimated cost upto 31" March 19 previous year estimates for current year estimates for the estimat es 19 (Explana tion for current increase/ year Sub-Heads Actuals for the Budget estimates Revised Budget Remarks previous year for the current year estimates for estimates (Explanati the current on for year increase/ decrease) - 10 - FORM ‘B’ [See rule 24 (2)] Annual Programme of Work Serial No. Name of the Scheme Estimated cost of the Estimated Estimated receipts Salient feature work expenditure in the amenities and year for which facilities to industries programme is proposed 7 [Form ‘C’] See Rule 25(2) INDUSTRIAL DEVELOPMENT CORPORATION
(i) Balance sheet as on 1"t March19...
LIABILITIES ASSETS Rs Rs Rs Rs Rs Rs A. Amount repayable to the State Government
1. Fixed Assets B. Deposits received from Government for schemes undertaken for and/or on behalf of Government Less- Expenditure
2. Development of Industrial Areas and Estate’ s C. Deposits received from other than Government for other schemes of development Less- Expenditure
3. Development of other schemes Class of Asset
1. Tools and Plants
2. Miscellaneous
(ii) Schedule of Fixed Assets as on 31 “ March 19 (Item 1 - Assets) Balance as on 31" March 19 Additions Cost to Description during the 31" year March 19 Total
(iii) Schedule of Fixed Assets as on 3 lstMarch 19 (Item l-Assets) Balance as Remarks on 31" March 19 Industrial Upto 31' March 19 area or estate
19.. Upto 31' March 19...
4 5 D. Loan from public 4. Stock on hand F. Sundry Creditors 6. Amount due from State Government
8. Net deficit
7. Advances-
(i) Due from State Government
(ii) Miscellaneous advances
(iii) Amounts recoverable G.Net Surplus
5. Cash-
(a) Short Term Deposits
(b) Remittances in Transit
(c) Cash at Bank
(d) Cash in Hand E. Deposits-
(i) For lease plots and buildings
(ii) other Deposits - 11 - Development Administrativ Total Development Administrati Total Develops Admi Total expenditure e expenditure expenditure ve expendimre ent nistra expendit expenditure expenditure expenditur tive ure e expen diture
3.
(iv) A Statement showing development of other scheme as on 31' Marchl9 Name Development Administrative Total Development Administrati Total Develops Admini Total of expenditure charges expenditure expenditure ve expenditure ent strative expendi scheme charges expenditu charges ture ie 3 4 5 6 7 8 9 10
1.
2.
3.
etc.
Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
(V) Income and Expenditure Account for the years ended 31st March 19 Rs. Rs. Rs.
Rs.
Rs.
1. Executive Expenses-
(i) Establishment
(ii) Contingencies (including miscellaneous) Less 100 per cent transferred development expenditure
1. Annual rent of land leased
2. Administrative Expenses-
(i) Establishment
(ii) Contingencies (including miscellaneous) Less 25 per cent transferred development expenditure
2. Annual rent of building
3. Water supply and electricity charges
4. Maintenance and repairs- Less transferred to development expenditure
3. Water supply and electric supply charges
4. Recovery of fines from contractors
5. Depreciation 6.Forfeiture of deposits
6. Expenditure in connection with the issue of loans including 7. Interest guarantee fees, if any
7. Interest on loans
8.Misce11aneous
9. Surplus for the year Total Panjim, 28th December, 1965
8. Miscellaneous
9. Subventions from State Government
10. Deficit for the year Total By order and in the name of the Administrator of Goa, Daman and Diu.
B.K.CHOUGULE, Secretary to Government, Industries and Labour Department.
(Published in the Government Gazette Series-I No. 43 dated 20-1-1966) ' Substituted by the amendment Rules 1994 published in the Official Gazette Series-I No. 50 dated 11-3-1994 come into force with immediate effect.
2 Substituted by the amendment Rules, 1984 published in the Official Gazette Series-I No. 21 dated 23-8-1984 and come into force at once.
3 Substituted by the amendment Rules, 1968 published in the Government Gazette Series-I No. 10 dated 5-6-1969 and come into force at once.
4Sub clause (3) deleted by the Amendment Rules,1968 published in the Government Gazette Series-I No. 10 dated 5-6-1969 and come into force at once. said clause read as follows :- (3) The Corporation shall also forw'ard to the State Government with its programme of work, a note giving history and description of each scheme including inter alia the progress made, expenditure incurred and receipt accrued in the previous years in respect of continuing schemes. The note shall, in particular, bring out the financial implications of each scheme.
2 3 4 5 6 7 8 9 10 Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.
1.
2.
- 12 - 5Substituted by the amendment Rules, 1968 published in the Government Gazette Series-I No. 10 dated 5-6-1969 and come into force at once.
6Form “A” substituted by the Amendment Rules 1968 published in the Government Gazette Series-I No. 10 dated 5-6-1969 and come into force at once.
7Form “C” substituted by the Amendment Rules 1968 published in the Government Gazette Series-I No. 10 dated 5-6-1969 and come into force at once.
Industries and Labour Department Chapter-I Preliminary Chapter II Chapter III
CHAPTER IV Annual financial Statement and other Statements and Reports to be furnished by the Corporation and Manner of maintain accounts