The Sikkim Ceiling on Government Guarantees Act, 2000

Short title and 1.

1. (1) This Act may be called the Sikkim Ceiling on Governemnt Guarantees Act, 2000.
2. (2) It shall come into force at once.

Issue of Rs. 54,284/- out of the Consolidated Fund of the State of Sikkim for the Financial Year ended on 31st March 1998. 2. The sum specified in column 5 of the Schedule amounting to fifty four thousand two hundred and eighty four rupees shall be deemed to have been authorized to be paid and applied from and out of the Consolidated Fund of the State of Sikkim to meet theamount spent for defraying the charges in respect of the services and purposes specified in column 2 of the Schedule during the Financial Year on the 31st March 1998 in excess of the anount authorized or granted for those services and purposes for theat year.

Issue of Rs. 96,97,518/- out of the Consolidated Fund of the State of Sikkim for the Financial Year ended on 31st March 1997 3. The sum specified in column 5 of the Schedule amounting to ninety sixlakhs, ninety seven thousand five hundred and eighteen ruees shall be deemed to have been authorized to be paid and applied from and out of the Consolidated Fund of the State of Sikkim to meet theamount spent for defraying the charges in respect of the services and purposesspecified in column 2 of the Schedule during the Financial Year on the 31st March, 1997 in excess of the anount authorized or granted for those services and purposes for theat year.

Prohibition. 4.

Guarantee Guarantee 5.

1. (1) The Governemnt shall charge a minimum of one percent as gurantee commission which shall not be walved under any circumstances.
2. (3) The Governemnt may , by notification in the Official Gazette specify commission at an enhanced rate depending on the default risk of the project.

**THE SCHEDULE** (See Sections 2 and 3) | 1 | 2 | 3 | 4 | 5 | | :--- | :--- | :--- | :--- | :--- | | **No of Demand** | **SSERVICES AND PURPOSES** | **(In thousand of Rupees)**<br>**SUMS NOT EXCEEDING**<br>**Voted by the Legislative Assembly** | **Charged on the consolidated Fund** | **Total** | | 1. State Legislature | Revenue | 2370 | 350 | 2720 | | 2. Council of Ministers | Revenue | 8339 | - | 8339 | | 3.Administration of Justice | Revenue | 4000 | - | 4000 | | 4. Election | Revenue | 350 | - | 350 | | 5. Income & Sales Tax | Revenue | 910 | - | 910 | | 6. Land Revenue | Revenue | 2000 | - | 2000 | | 8. Excise (Abkari) | Revenue | 530 | - | 530 | | 11. Secretariat-Gen. Services | Revenue | 4800 | - | 4800 | | 12. District administration | Revenue | 999 | - | 999 | | 13. Treasury and Accounts Admn. | Revenue | 4000 | - | 4000 | | 14. Police | Revenue | 13094 | - | 13094 | | 15. Jails | Revenue | 5190 | - | 5190 | | 17. Public Works | Revenue | 62700 | - | 62700 | | | Capital | 45050 | - | 45050 | | 18. Other Admn. Services | Revenue | 4915 | - | 4915 | | 21. Education | Revenue | 109800 | - | 109800 | | 23. Art and Culture | Revenue | 13200 | - | 13200 | | 24. Medical & Public Health | Revenue | 18761 | - | 18761 | | 25. Water supply & Seniation | Revenue | 2500 | - | 2500 | | | Capital | 1 | - | 1 | | 26. Urban Development | Revenue | 6100 | - | 6100 | | | Capital | 54000 | - | 54000 | | 27. Information & Publicity | Revenue | 1000 | - | 1000 | | 28. Social security and Welfare | Revenue | 11352 | - | 11352 | | | Capital | 10000 | - | 10000 | | 29. Labour & Labour Welfare | Revenue | 40 | - | 40 | | 30. Nutrition | Revenue | 22600 | - | 22600 | | 32. Other Socail Services (Eccles) | Revenue | 3000 | - | 3000 | | 34. Agriculture | Revenue | 13226 | - | 13226 | | | Capital | 1400 | - | 1400 | | 35. Soil and Water Conservation | Revenue | 2675 | - | 2675 | | 36. Animal Husbandry | Revenue | 13304 | - | 13304 | | | Capital | 550 | - | 550 | | 37. Dairy development | Revenue | 6426 | - | 6426 | | 38. Fisheries | Revenue | 600 | - | 600 | | | Capital | 400 | - | 400 | | 39. forestry and Wild Life | Revenue | 34261 | - | 34261 | | 40. Other Agriculture Programme | Revenue | 11170 | - | 11170 | | 42. Co-operation | Capital | 12000 | - | 12000 | | 43. Rural development | Revenue | 2500 | - | 2500 | | 44. Irrigation and Flood Control | Revenue | 574 | - | 574 | | 46. Industries | Revenue | 16500 | - | 16500 | | | Capital | 17000 | - | 17000 | | 47. Mines and Geology | Capital | 5000 | - | 5000 | | 48. Roads and Bridges | Revenue | 6500 | - | 6500 | | | Capital | 331500 | - | 331500 | | 49. Roads Transport Services | Revenue | 28350 | - | 28350 | | | Capital | 6000 | - | 6000 | | 50. Other Scientific Research | Revenue | 800 | - | 800 | | 51. Secretariat-Economic serv. | Revenue | 5700 | - | 5700 | | 52. Tourism | Revenue | 6548 | - | 6548 | | | **Total** | **934540** | **350** | **934890** | *** **THE SCHEDULE** (See Sections 2 and 3) | 1 | 2 | 3 | 4 | 5 | | :--- | :--- | :--- | :--- | :--- | | **No of Demand** | **SERVICES AND PURPOSES** | **(In thousand of Rupees)**<br>**SUMS NOT EXCEEDING**<br>**Voted by the Legislative Assembly** | **Charged on the consolidated Fund** | **Total** | | | Governor | Revenue | - | 172632 | 172632 | | 2. State Legislature | Revenue | 303158 | - | 303158 | | 9. Taxes on Vehicles | Revenue | 9941 | - | 9941 | | 16. Stationery and Printing | Revenue | 20087 | - | 20087 | | 17. Public works (Building) | Revenue | 43920 | 43920 | - | | 30. Nutrition | Revenue | 199329 | - | 199329 | | 32. Other Social Services (Eccl) | Revenue | 35145 | - | 35145 | | 34. Agriculture | Capital | 21996 | - | 21996 | | 36. Animal Husbandry | Capital | 73396 | - | 73396 | | 41. Food, Storage & Warehousing | Capital | 182910 | - | 182910 | | 45. Power | Capital | 578060 | - | 578060 | | 49. Road Transport Services | Capital | 5373 | - | 5373 | | Public Debt. | Capital | - | 8051571 | 8051571 | | | **Total** | **1429395** | **8268123** | **9697518** | *** **THE SCHEDULE** (See Sections 2 and 3) | 1 | 2 | 3 | 4 | 5 | | :--- | :--- | :--- | :--- | :--- | | **No of Demand** | **SERVICES AND PURPOSES** | **(In thousand of Rupees)**<br>**SUMS NOT EXCEEDING**<br>**Voted by the Legislative Assembly** | **Charged on the consolidated Fund** | **Total** | | 3. Administration of Justice | Revenue | - | 3546 | 3546 | | 34. Agriculture | Capital | 18415 | - | 18415 | | 49. Road Transport Services | Revenue | 32323 | - | 32323 | | | **Total** | **50738** | **3546** | **54284** |