Revision of Chapter 21 of Vidyalaya Vikas Nidhi (VVN)
Kendriya Vidyalay Sangathan issued a letter regarding revised chapter 21 of Vidyalya Vikas Nidhi vide letter No. 110240/06/2009/KVS(HQ)/Budget, dated 28.12.2016
KVS proposal for revision of Chapter 21 Vidyalaya Vikas Nidhi was put up before the Finance Committee in its meeting held on 18.5.2016. The recommendations of Finance Committee were placed for approval of BOG of KVS and the BOG of KVS approved the said recommendation of Finance Committee of KVS in its meeting held on 15.11.2016
Up to 31.3.1999, the Sangathan was charging money from students over and above tuition fee (to the extent applicable) under the following heads:-
1. Pupil Fund, and
2. Science Fund
Instructions relating to these were contained in Chapters 21 and 5 of the Accounts Code for Kendriya Vidyalayas.
As decided in 63rd and 65th meetings of the Board of Governors held on 21.7.1998 and 19.03.1999 respectively a third charge viz towards Maintenance & Development Fund was levied w.e.f 01.4.1999 @ Rs.25/- per child per month.
However, in 66' meeting dated 16.9.1999 of the Board, it was decided that the three funds i.e. (i) Pupil Fund, (i) Science Fund, and (ili) Maintenance & Development Fund should be merged into a single fund called Vidyalaya Vikas Nidhi (VVN) w.e.f. the next financial year. Accordingly, the VVN was
introduced w.e.f. 1.4.2000. Rates at which contribution towards Vidyalaya Vikas Nidhi is to be collected from students were approved by the Board of Governors from time to time as under, based on recommendation of the Finances Committee: -
|
Sl. No. |
Date with effect from |
Amount collected from all students except Science
students of Classes XI and XII |
Amopunt Collected from Science Students of
Classes XI and XII |
Date on which Recommended by Finance Committee |
Date o approval by Board of Governors |
|
1 |
1.4.2000 |
Rs. 100/- |
Rs. 125/- |
11.08.1999 |
16.09.1999 |
|
2 |
1.4.2002 |
Rs.120/- |
Rs.150/- |
12.12.2001 |
22.02.2005 |
|
3 |
1.4.2004 |
Rs.160/- |
Rs.200/- |
01.08.2003 |
22.02.2005 |
|
4 |
1.10.2009 |
Rs.240/- |
Rs.300/- |
29.06.2009 |
29.07.2009 |
|
5 |
1.04.2013 |
Rs.500/- |
Rs.500/- |
|
11.03.2013 |
Special Note :- Children of the officers and men of the Armed Forces and Paramilitary personnelkilled or disabled during the hostilities in 1962, 1965, 1971 and 1999 as well as to the children of Defence Personnel of in Srilanka and personnel of armed forces killed or disabled in "Operation Meghdoot" in Seachen area and "Operation Vijay" in Kargil. The said concession of exemption from payment of tuition fee, VVN and Computer fund is also extended to the children of Armed Forces and Para Military Forces personnel whose parents were killed/declared missing or permanently disabled during any counter insurgency operation in India or abroad provided the children produce the certificate granted by the concerned Ministry.
- POWERS
The expenditure out of VVN shall be incurred in the Vidyalayas as per the following delegated powers:
1. Principal :- 50 Thousand Per annum on each item of expenditure of the celling prescribed for each item whichever is less.
2. Executive Committee :- Rs.3.00 Lakh per annum for each item or the ceiling prescribed for each item, whichever is less.
3. Vidayalay Management Commitee:- Up to the celling prescribed for each item (Mention in Chapter 21)
4. Deputy Commissioner : Rs. 15 Lakh Per Annum per KV for each item.
5. Aditional Commissioner (Admn) : Rs. 25 Lakh per annum per KV for each item.
6. Commissioner : Full powers with the concurrence of Jt. Commissioner (Fin.) KVS.\
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