Podcast
Questions and Answers
What percentage of projects may receive relaxation in disaster-affected districts as mentioned?
What percentage of projects may receive relaxation in disaster-affected districts as mentioned?
- 90%
- 100%
- 50%
- 75% (correct)
What is the sub sectoral cap for Bridges under Rural Connectivity?
What is the sub sectoral cap for Bridges under Rural Connectivity?
- 15%
- No cap (correct)
- 10%
- 5%
Which authority determines further relaxation for States based on relevant factors?
Which authority determines further relaxation for States based on relevant factors?
- State Government
- Ministry of Home Affairs
- SCB (correct)
- Competent Authority
What is the fixed Social Sector Cap for allocations under N as per the content?
What is the fixed Social Sector Cap for allocations under N as per the content?
Which types of calamities are mentioned that may be considered for relaxation?
Which types of calamities are mentioned that may be considered for relaxation?
What is the primary purpose of the updated Master Circular?
What is the primary purpose of the updated Master Circular?
What date is referenced for the updates made in the Master Circular?
What date is referenced for the updates made in the Master Circular?
Which of the following best describes the nature of the content included in the Master Circular?
Which of the following best describes the nature of the content included in the Master Circular?
Which aspect of the Regional Offices is the Master Circular intended to assist?
Which aspect of the Regional Offices is the Master Circular intended to assist?
What internal document number is referenced for the previous circular?
What internal document number is referenced for the previous circular?
Which time frame reflects the coverage of the updates made in the Master Circular?
Which time frame reflects the coverage of the updates made in the Master Circular?
What purpose does the internal circular serve in relation to RIDF activities?
What purpose does the internal circular serve in relation to RIDF activities?
What aspect does the number referenced in the update (6:4) likely pertain to?
What aspect does the number referenced in the update (6:4) likely pertain to?
What is the primary purpose of adopting the project approach?
What is the primary purpose of adopting the project approach?
Which of the following is essential when preparing cost estimates for RIDF projects?
Which of the following is essential when preparing cost estimates for RIDF projects?
What types of projects are eligible for funding under RIDF?
What types of projects are eligible for funding under RIDF?
What should be included in the checklist forwarded to State Governments?
What should be included in the checklist forwarded to State Governments?
What does RIDF primarily focus on in terms of project support?
What does RIDF primarily focus on in terms of project support?
What is the significance of the DO letter referenced in the context of project proposals?
What is the significance of the DO letter referenced in the context of project proposals?
What must be considered when formulating proposals for projects under RIDF?
What must be considered when formulating proposals for projects under RIDF?
Which of the following is NOT a focus area for the checklists related to RIDF projects?
Which of the following is NOT a focus area for the checklists related to RIDF projects?
How should the cost estimates be prepared for RIDF projects?
How should the cost estimates be prepared for RIDF projects?
What is the implication of the term 'identifiable items of capital nature' in the context of RIDF funding?
What is the implication of the term 'identifiable items of capital nature' in the context of RIDF funding?
What is the primary concern indicated by 'Cost Escalation' in project management?
What is the primary concern indicated by 'Cost Escalation' in project management?
Which of the following pertains to the 'Grounding of Projects'?
Which of the following pertains to the 'Grounding of Projects'?
In project management, what does 'Empanelment of Consultants' imply?
In project management, what does 'Empanelment of Consultants' imply?
What is primarily assessed during 'Social Monitoring'?
What is primarily assessed during 'Social Monitoring'?
What is the focus of 'Repayment Period & Pattern' in project finance?
What is the focus of 'Repayment Period & Pattern' in project finance?
Which term describes 'Disbursements / Drawals' in project funding?
Which term describes 'Disbursements / Drawals' in project funding?
What does 'Monitoring of Projects' generally include?
What does 'Monitoring of Projects' generally include?
Which situation is more likely to occur as a result of 'Deletion/Withdrawal of Projects'?
Which situation is more likely to occur as a result of 'Deletion/Withdrawal of Projects'?
What is evaluated during the 'Completion of Projects' stage?
What is evaluated during the 'Completion of Projects' stage?
What does 'Adjustment of Mobilisation Advance' refer to in project finance?
What does 'Adjustment of Mobilisation Advance' refer to in project finance?
What is the maximum allowable percentage for contingencies on civil works under a project?
What is the maximum allowable percentage for contingencies on civil works under a project?
What additional cost is allowed for projects phasing more than 2 years according to the guidelines?
What additional cost is allowed for projects phasing more than 2 years according to the guidelines?
Under what condition are pre-appraisal expenses incurred on project preparation permitted?
Under what condition are pre-appraisal expenses incurred on project preparation permitted?
What is the percentage of RIDF loan that may be incurred on project preparation expenses?
What is the percentage of RIDF loan that may be incurred on project preparation expenses?
Which agency is permitted to execute works and claim centage charges?
Which agency is permitted to execute works and claim centage charges?
What is the maximum percentage allowed for cost escalation in projects with phasing up to 2 years?
What is the maximum percentage allowed for cost escalation in projects with phasing up to 2 years?
Which document outlines the costs that can be incurred on project preparation?
Which document outlines the costs that can be incurred on project preparation?
How are centage charges determined for state-owned projects?
How are centage charges determined for state-owned projects?
What is the purpose of allowing contingencies in project budgeting?
What is the purpose of allowing contingencies in project budgeting?
Which circular outlines the conditions for allowing contingencies in project costs?
Which circular outlines the conditions for allowing contingencies in project costs?
Study Notes
Master Circular Updates
- Internal Circular No 103.SPD.04.2021-22 was issued on 25 May 2021, addressing recent updates.
- The Master Circular now includes instructions and clarifications updated up to 30 June 2022.
- The document aims to assist Regional Offices in day-to-day functions related to RIDF activities.
Project Management Considerations
- Key areas of focus include cost escalation, grounding of projects, deletion/withdrawal processes, and consultant empanelment.
- Emphasis on effective monitoring of projects and social impact assessments to ensure proper fund usage.
Appraisal and Proposal Sanctioning
- Appraisal guidelines include checklists for formulating RIDF projects in agriculture, irrigation, roads, and social sectors.
- Cost estimates must align with the latest Schedule of Rates (SoR) and be based on detailed field surveys.
Financial Guidelines
- Pre-appraisal expenses capped at 0.5% of RIDF loan are permitted if outsourced.
- Centage charges are permitted for projects executed by State-owned entities as per state regulations.
- Contingency costs allowed up to 3% of civil works, ensuring project financial feasibility.
Cost Escalation Provisions
- Built-in cost escalation measures:
- Up to 5% for projects phased over two years.
- Up to 10% for projects with more than two years of phasing.
- Additional flexibility is provided for projects affected by natural calamities, allowing up to 75% increase based on state assessments.
Sectoral Allocations
- The sub-sectoral cap of 10% for bridges in Rural Connectivity has been removed, allowing flexibility within overall sector caps.
- Social sector allocation, excluding rural drinking water supply, is set at 15% of total allocation for each tranche.
Conclusion
- Enhanced guidelines aim to streamline project management, improve financial management, and ensure timely completion and resource optimization within the RIDF framework.
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Description
This quiz focuses on the principles of SEO as detailed in the internal circular number 103.SPD.04.2021-22, dated May 25, 2021. Participants will assess their understanding of the guidelines and practices outlined for effective SEO execution.
