AP Government Opens Accounts for Donations to Build the New Capital

Summary: AP Government Opens Accounts for Donations to Build the New Capital In seemandhra
The Andhra Pradesh state government has opened a separate deposit account under CM Relief Fund to enable people to contribute money for developing a new capital city and issued orders to this effect on Friday.
The deposit shall come into force with effect from June 8. The deposit shall be operated as Personal Deposit Account and the secretary to government/principal secretary (revenue)  will be the administrator of the PD Account.
The donations made to the fund shall be credited to this Personal Deposit Account and formal receipts to the donors shall be issued on behalf of  the government by the secretary to government/principal secretary (revenue) or his nominee.
The donations thus received shall be utilised for construction and development of a new capital city for Andhra Pradesh. The accounts of the deposit shall figure in the deposit section under K _ Deposits and Advances, (b) Deposits. The accounts are: 8443 - Civil Deposits, MH 800 - Other Deposits, SH(02)  - CM’s Relief Fund, 001 - Calamities Relief and other Philanthropy and 002 - Andhra Pradesh State New Capital Development.
These are included in the Public Account (Volume-IV of the Budget Document).

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