Book Title: Minority Benefits
Author(s): Babita Jain
Publisher: Shrut Samvardhan Samsthan

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Page 153
________________ 142 7. 47 UT Administration or any other agency designated by the Ministry. The Government of India reserves this right exclusively to get inspection conducted in subsequent years. TERMS AND CONDITIONS TO BE COMPLIED WITH BY THE COACHING INSTITUTES (i) The institute shall maintain full details of name, address, telephone number, e-mail id. (if available) etc. of the candidates enrolled for coaching/training programme and furnish this information to the Ministry. (ii) The institute shall maintain full records of each candidate admitted like age, gender, educational qualifications, bank account number etc. (iii) The admissible amount payable towards stipend shall be paid to the candidates on monthly basis directly into their bank accounts or through cheque. (iv) Separate account will be maintained by the institute for the funds released by the Ministry and will be made available to the Ministry of Minority Affairs as and when requisitioned for inspection. (v) The institutes shall utilize the funds for the specified purposes only. The grantee institute shall give an undertaking that in the event of acting in contravention of this condition, it will refund the amount received with 18% penal interest and any other action, as deemed proper by the Government. (vi) The coaching/training institution will also be required to take an affidavit from the student that they have not taken benefit earlier under this scheme or any other similar scheme funded by the Government. (vii) The institution shall submit a certificate accepting the terms and conditions laid down by the Ministry of Minority Affairs and furnish a bond with two sureties in the name of the competent authority responsible for actual implementation of the scheme and also responsible for furnishing of accounts of the grant sanctioned. (viii)The institute shall be solely responsible for ensuring that only students of meritorious standing are admitted for coaching/training. (ix) For enabling E-payment directly into the account of societies/NGOs/institutions/ etc. through ECS, RTGS, NIFT, TTS system, an authorization letter from the payee, with full details of e-payment i.e. name of payee, bank IFC code number, bank branch number, bank branch name, bank branch address etc. should be provided. The authorization letter must be counter-signed by the manager of the respective bank branch to avoid wrong account number. Only one authorization letter is required for the entire financial year or till the account number is changed during the year. A proforma of the authorization is annexed. (x) After completion of the coaching/training programme, the institute shall Minority B

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