Process of Fund Disbursal

Host Institute Grant:

- A one-time grant of Rs. 10 lakh for infrastructure setup.

     Operational Expenses:

- Rs. 5 lakh per year for maintenance, disbursed in phases of Rs. 2.5 lakh each.

- Funds are released upon submission of audited utilization.

       Project Fund:

- Up to Rs. 1 lakh per project, with a maximum of 5 projects per year.

- Projects must be approved by the State Level Committee.

- Funds can be used for raw materials but not for new hardware.

- Equipment rental costs must not exceed 20% of the project cost.

        Regulations and Oversight:

- Proper procurement procedures and documentation are mandatory.

- All assets must remain within the NGIN premises and cannot be disposed of without approval.

- Regular inspections by government representatives are required.

- The host institute must open a separate bank account for grants and maintain detailed accounts.