https://www.taxtmi.com/news?id=23339 Cabinet approval continues and revamps the Viability Gap Funding (VGF) Scheme to 2024 25, introducing two sub schemes for social infrastructure: Sub scheme 1 requires 100% operational cost recovery and allows Central VGF up to 30% of Total Project Cost with additional State/sponsoring support up to 30%; Sub scheme 2 supports pilot social projects with 50% operational cost recovery where Central and State support may cover up to 80% of capital expenditure and up to 50% of O&M for five years, with Central support up to 40% of TPC and up to 25% of operational costs in the initial five years. en-us Wed, 11 Nov 2020 16:34:04 +0530 Wed, 11 Nov 2020 16:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23339 Cabinet approval continues and revamps the Viability Gap Funding (VGF) Scheme to 2024 25, introducing two sub schemes for social infrastructure: Sub scheme 1 requires 100% operational cost recovery and allows Central VGF up to 30% of Total Project Cost with additional State/sponsoring support up to 30%; Sub scheme 2 supports pilot social projects with 50% operational cost recovery where Central and State support may cover up to 80% of capital expenditure and up to 50% of O&M for five years, with Central support up to 40% of TPC and up to 25% of operational costs in the initial five years. News - Wed, 11 Nov 2020 16:34:04 +0530 https://www.taxtmi.com/news?id=23339