|
CORPUS FUND |
FROM GOVT. OF
|
The Foundation has received Rs.550.00 crores as Corpus Fund from the Govt. of India meaning
thereby that the principal amount remains intact and kept invested in fixed
deposit with banks and the interest accrued on the investment of the Corpus
fund is the fund available to the Foundation to carry out its objective. The
Corpus Fund of Rs.550.00 crores, received from the Govt. of India has been kept
invested as detailed below (as on 31.3.2011):- |
|
S.No. |
Nature
of Investment |
Amount
(Rs.in crores) |
|
1. |
Govt.
of |
5.00 |
|
2. |
Fixed
Deposit with Corporation Bank |
99.00 |
|
3. |
Fixed
Deposit with Oriental Bank of Commerce |
12.51 |
|
4. |
Fixed
Deposit with ICICI BANK |
219.99 |
|
5. |
Fixed
Deposit with IDBI BANK |
213.50 |
|
|
TOTAL |
550.00 |
|
The amount of Corpus Fund of Rs.550.00 crores have been received from the Govt. of India in
different financial years as detailed below: |
|
Sl.No. |
Year |
Amount
(Rs.in Crores) |
|
1 |
1992-1993 |
5.00 |
|
2 |
1995-1996 |
25.01 |
|
3 |
1997-1998 |
40.00 |
|
4 |
2005-2006 |
29.99 |
|
5 |
2006-2007 |
100.00 |
|
6 |
2007-2008 |
50.00 |
|
7 |
2008-2009 |
60.00 |
|
8 |
2009-2010 |
21.66 |
|
9 |
2009-2010 |
93.34 |
|
10 |
2010-2011 |
125.00 |
|
|
TOTAL |
550.00 |
FROM
OTHER SOURCES
|
The Foundation has also received donation of Rs.12,00,000/- (Rupees
Twelve Lac only) towards its Corpus Fund so far from other sources which has been kept
invested in fixed deposit State Bank of India. The details of Corpus Fund
received from other sources are given below:
|