Question: What is Financial Assistance For Development Of Buddhist/Tibetan Arts And Culture?

Answer: Frequently Asked QuestionsWhat is the objective of the scheme?The objective of the scheme is to give financial assistance to
voluntary Buddhist/Tibetan organizations including Monasteries engaged in the propagation and scientific development of
Buddhist/Tibetan culture, tradition, and research in related fields.Which ministry has started the scheme?Ministry of Culture,
Government of IndiaIs this scheme centrally sponsored?Yes, this scheme is centrally sponsored.What should be the grant amount
released by the central government under the scheme?The maximum grant admissible to an organization would be 75% of the total
expenditure to be incurred on any item subject to the maximum ceiling fixed. The remaining 25% expenditure or more should be met by
the State Govt./U.T. Administration failing which the grantee organization could contribute the amount from their own resources.How
much funding will be given to the North-Eastern States and Sikkim by the central government under the scheme?In the case of North-
Eastern States and Sikkim, funding will be shared between the Government of India and the State Government in the ratio of 90:10
respectively failing which the grantee organization could contribute from their own resources.Which type of organization is eligible to
apply under the scheme?Only those organizations which are mainly devoted to Buddhist/Tibetan studies and have been functioning at
least for the last three years will qualify for applying for a grant.How much financial assistance will be provided under the scheme?
Financial assistance is given up to a maximum of â‚¹30.00 lakhs per year for any single organization.Which organization will be given
preference for providing funds?The organizations which are doing good work in the field and have resources for meeting matching funds
will be given preference.What will be the nature of grants?The grants will be ad-hoc and of a non-recurring nature.How shall the grant be
given to the organizations?The grant shall be given on the basis of appraisal of applications and recommendations by the Expert
Advisory Committee and thereafter administrative approval and financial concurrence of competent authorities in the Ministry of
Culture.How will the payment be made to the organizations?All payments will be made through electronic transfers.What is the Special
Provision under the scheme?The Expert Advisory Committee on the scheme is empowered to recommend or reject any proposal received
without or with the recommendation of State Government/U.T. administration/ Local Administration and also to recommend the amount
beyond the maximum limit but not exceeding â‚¹1.00 crore from this scheme.Will the organization be eligible for availing of the grant
for civil works?No, the organizations availing grants for civil works will not be eligible for the grant for similar purposes for the next ten
years.How shall the grant be paid?The grants will be paid in two equal installments, the first being normally released with the approval
of the project. The second installment will be released on receipt of a duly audited statement of accounts showing the utilization of the
entire amount of the grant plus the share of the grantee/concerned State/U.T. Government and other documents on behalf of the
Chartered Accountant. The release of the balance of the grant will be decided on the basis of the actual expenditure incurred on the
project subject to the maximum limit.How can an organization apply under the scheme?The application in the prescribed format
complete in all respect, duly spiral bound and continuously page numbered, along with a check-list duly recommended by the State
Government will be sent to the Section Officer, BTI Section, Ministry of Culture, 'D' Block, 2nd Floor, Puratatav Bhawan, INA, New
Delhi-110023.Where can an organization find the application form?The application form can be downloaded from the official website of
the Ministry of Culture. https://indiaculture.gov.in/sites/default/files/Schemes/FormBuddhist.pdfSources And ReferencesOfficial
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**Eligibility:** Ministry Of CultureFinancial Assistance For Development Of Buddhist/Tibetan Arts And CultureArtBuddhistCultureFinancial
AssistanceMonasteriesTibetanDetailsBenefitsEligibilityApplication ProcessDocuments RequiredFrequently Asked QuestionsThe
scheme â€œFinancial Assistance for Development of Buddhist/Tibetan Arts and Cultureâ€​ was launched by the Ministry of Culture,
Government of India to provide financial assistance to voluntary Buddhist/Tibetan organizations including Monasteries engaged in the
propagation and scientific development of Buddhist/Tibetan culture, tradition and research in related fields.The grant shall be given based
on the appraisal of applications and recommendations by the Expert Advisory Committee and thereafter administrative approval and
financial concurrence of competent authorities in the Ministry of Culture.The Joint Secretary In-Charge would be the competent
authority for the release of funds up to â‚¹30.00 lakhs based on the recommendation of the Expert Advisory Committee and in
consultation with IFD in each Case.The grants will be paid in two equal installments, the first being normally released with the approval
of the project.The second installment will be released on receipt of a duly audited statement of accounts showing the utilization of the
entire amount of the grant plus the share of the grantee/concerned State/U.T. Government and other documents on behalf of the
Chartered Accountant.The release of the balance of the grant will be decided on the basis of the actual expenditure incurred on the
project subject to the maximum limit.The grant for repairs, restoration, and renovation of Heritage Buildings associated with Buddhism
is subject to a certificate from the Archaeological Survey of India. An officer of the appropriate level from the ASI office/Circle
concerned will be associated with the organization for this activity. Applications against which a previous grant/Utilisation certificate is
pending will not be considered.Mode of Payment:All payments will be made through electronic transfers.Special Provision:The Expert
Advisory Committee (EAC) on the scheme is empowered to recommend or reject any proposal received without or with the
recommendation of State Government/U.T. administration/ Local Administration and also to recommend the amount beyond the
maximum limit but not exceeding â‚¹1.00 crore from this scheme. In respect of any proposal which is of outstanding merit for which the
EAC feels that the maximum limit would not be sufficient for undertaking the said project, with the approval of the Minister (Culture)
and concurrence of AS&FA, Ministry of Culture. However, in each such case, detailed justification would be given by EAC for
exceeding the limit of â‚¹ 30.00 lakhs.Inspection & Monitoring:The inspection would be carried out by Ministry officials every year at
least in 5% of the cases and also the services of autonomous institutions like Central University of Tibetan Studies, Sarnath, Nava
Nalanda Mahavihara, Nalanda, Central Institute of Buddhist Studies, Leh, ZCCs would be utilized. The concerned State
Government/UTs Administration, District Collector/Dy. Commissioner will also monitor.Penalties in case of misutilization of grant:The
members of the executive body of the organization would be liable for the recovery of misused grants. The organization will also be
blacklisted for misuse of funds, fake registration certificate, etc. All immovable assets created from the Government grants would be
taken over by local administration prescribed by the Ministry.OkWas this helpful?ShareNews and UpdatesNo new news and updates
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