Himachal Pradesh Gazette, No. 41, 22 June 2021

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राजपत्र, हिमाचल प्रदेश हिमाचल प्रदेश राज्य शासन द्वारा प्रकाशित मंगलवार, 22 जून, 2021/1 आषाढ़, 1943

हिमाचल प्रदेश सरकार

राजस्व विभाग

अधिसूचना

शिमला-2, 14 जून, 2021

संख्या राजस्व-घ/(एफ) 4-8/2020 (कांगड़ा).--हिमाचल प्रदेश के राज्यपाल की यह राय है कि उप-तहसील नगरोटा सूरियां, जिला कांगड़ा का दर्जा बढा़कर तहसील कर दिया जाए जिसका मुख्यालय 41—राजपत्र/2021-22-06-2021 (1079) 1080 राजपत्र, हिमाचल प्रदेश, 22 जून, 2021/1 आषाढ़, 1943 नगरोटा सूरियां, जिला कांगड़ा, हिमाचल प्रदेश में होगा ताकि नजदीक के गांवों के सम्बद्ध लोगों को बेहतर सेवाऐं उपलब्ध करवाई जा सके और जिससे उनको होने वाली किसी असुविधा से निवारित किया जा सके तथा बेहतर प्रशासनिक नियंत्रण हो सके;

अतः हिमाचल प्रदेश के राज्यपाल, हिमाचल प्रदेश भू-राजस्व अधिनियम, 1954 (1954 का अधिनियम संख्यांक 6) की धारा 6 और रजिस्ट्रीकरण अधिनियम, 1908 (1908 का अधिनियम संख्यांक 16) की धारा 5 द्वारा प्रदत्त शक्तियों का प्रयोग करते हुए, निम्नलिखित पटवार वृत्तों से गठित उप-तहसील नगरोटा सूरियां, जिला कांगड़ा, हिमाचल प्रदेश का दर्जा बढ़ाकर तहसील का करते हैं :-

आदेश द्वारा,

कमलेश कुमार पंत, प्रधान सचिव एवं वित्तायुक्त (राजस्व)।

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[Authoritative English text of this Department Notification No. Rev-D(F)4-8/2020-(Kangra), dated

14th June, 2021 as required under clause (3) of Article 348 of the Constitution of India].

REVENUE DEPARTMENT

NOTIFICATION

Shimla-2, the 14th June, 2021

No. Rev-D(F) 4-8/2020-(Kangra).—WHEREAS, the Governor of Himachal Pradesh is of the opinion that the status of Sub-Tehsil Nagrota Surian, District Kangra, Himachal Pradesh may be upgraded to that of Tehsil with its Headquarter at Nagrota Surian, District Kangra, Himachal Pradesh, so as to provide better services to the concerned people of nearby villages and to avoid any inconvenience being faced by them and to have better administrative control;

NOW, THEREFORE, in exercise of the powers conferred by section 6 of the Himachal Pradesh Land Revenue Act, 1954 (Act No. 6 of 1954) and Section 5 of the Registration Act, 1908 (Act No. 16 of 1908), the Governor of Himachal Pradesh is pleased to upgrade the status of Sub- Tehsil Nagrota Surian to that of Tehsil in District Kangra, Himachal Pradesh, consisting of following Patwar circles:—

By order,

KAMLESH KUMAR PANT, Principal Secretary-cum-FC (Revenue).

________

राजस्व विभाग

अधिसूचना

शिमला-2, 15 जून, 2021

संख्या राजस्व-घ/(एफ) 4-3/2017-(कांगड़ा).--हिमाचल प्रदेश के राज्यपाल की यह राय है कि लोक हित में ऐसा करना आवश्यक और समीचीन है कि जिला कांगड़ा, हिमाचल प्रदेश में उप-तहसील ठाकुरद्वारा सृजित की जाए, ताकि नजदीक के गांवों के लोगों को बेहतर सेवाएं उपलब्ध करवाई जा सके और जिससे उनको होने वाली किसी असुविधा से निवारित किया जा सके तथा बेहतर प्रशासनिक नियन्त्रण हो सके;

अतः हिमाचल प्रदेश के राज्यपाल, हिमाचल प्रदेश भू-राजस्व अधिनियम, 1954 (1954 का अधिनियम संख्यांक 6) की धारा 6 और रजिस्ट्रीकरण अधिनियम, 1908 (1908 का अधिनियम संख्यांक 16) की धारा 5 द्वारा प्रदत्त शक्तियों का प्रयोग करते हुए, जिला कांगड़ा, हिमाचल प्रदेश में तहसील इन्दौरा के प्रशासनिक नियंत्रण के अधीन निम्न स्तम्भ संख्या 6 में दर्शाए गए चार पटवार वृत्तों से गठित एक नई उप-तहसील ठाकुरद्वारा, जिसका मुख्यालय ठाकुरद्वारा में होगा, का तुरन्त प्रभाव से सृजन करते हैं :-

आदेश द्वारा,

कमलेश कुमार पंत, प्रधान सचिव एवं वित्तायुक्त (राजस्व)।

-------

[Authoritative English text of this Department Notification No. Rev-D(F)4-3/2017-KGR, dated

15th June, 2021 as required under clause (3) of Article 348 of the Constitution of India].

REVENUE DEPARTMENT

NOTIFICATION

Shimla-2, the 15th June, 2021

No. Rev-D(F) 4-3/2017-KGR.—WHEREAS, the Governor of Himachal Pradesh is of the opinion that it is necessary and expedient in the public interest to create a Sub-Tehsil Thakurdwara in District Kangra, Himachal Pradesh, so as to provide better services to the people of nearby villages and also to avoid any inconvenience being faced by them and to have a better administrative control;

NOW, THEREFORE, in exercise of the powers conferred by Section 6 of the Himachal Pradesh Land Revenue Act, 1954 (Act No. 6 of 1954) and Section 5 of the Registration Act, 1908 (Act No. 16 of 1908), the Governor of Himachal Pradesh is pleased to create a new Sub-Tehsil Thakurdwara, with its headquarter at Thakurdwara, under administrative control of Tehsil Indora in District Kangra, Himachal Pradesh, consisting of 4 Patwar Circles shown in column No. 6 below, with immediate effect:—

By order,

KAMLESH KUMAR PANT, Principal Secretary-cum-FC (Revenue).

_________

TOURISM & CIVIL AVIATION DEPARTMENT

NOTIFICATION

Shimla-2, the 17th June, 2021

No. TSM-C(13)-1/2020-Loose.—The Governor, Himachal Pradesh, in order to promote/ strengthen the Tourism Sector in the State during Corona pandemic, is pleased to order to notify "Revised Interest Subvention Scheme on Working Capital Loan for Hospitality Industry", as per Annexure "A" appended to this notification for information of all concerned, with immediate effect.

This Scheme will also be applicable to the Borrowers, who already took benefit under the earlier Interest Subvention Scheme, 2020 issued vide this Department Notification No. TSM-C(13)- 1/2020 dated 2nd July, 2020, subject to completion of the formalities as required by the Financial Institutions.

By order,

DEVESH KUMAR, Secretary (Tourism & CA).

1. Introduction:

The Indian tourism industry is the fastest growing amongst the G20 countries. The hospitality industry is also the third largest source of foreign exchange earnings for the country, making it an important peg in the economic cycle. However, the industry has a long operating cycle from inventory purchases to sales and credit receipts. Further, the cost of inventories is also large adding to the short-term capital requirement for tourism units.

The Indian hospitality industry is undoubtedly one of the biggest casualties of the COVID-19 outbreak as demand has declined to an all-time low. Global travel advisories, suspension of Visas, the imposition of Section-144 (prohibition against mass gatherings), India like most other countries is on lockdown, the ramifications of which are unprecedented.

The outbreak of COVID-19 presents the tourism sector with a major and evolving challenge. While the full extent of the outbreak's economic ramifications is still unknown. India's tourism and Aviation sector has been one of the first few industries to be hit.

The World Travel & Tourism Council (WTTC) expects the crisis to cost the tourism sector at least USD22 billion, with the travel sector anticipated to shrink by up to 25 per cent in 2020, resulting in a loss of 50 million jobs.¹

2. Need for the Interest Subvention on Working Capital Loan:

In Hospitality sector, more than 60% cost of running business is fixed. A scenario where revenues are nil and fixed costs intact, begs the question of business continuity itself. Independent tourism unit operators don't draw fixed salaries to live on; the money they make is from the profits after covering costs. In a country like India, a good performing tourism unit, with great reviews, good staff and a control over your operating costs, may manage a year-round occupancy of 55% to 60%. In such a scenario, hoteliers are able to draw profits for six months, cover costs for four months and suffer a loss for the remaining two months, essentially meaning the small operators are left with very little retained earnings to drive through a phase of prolonged closure of business.

Where we stand today, there is absolutely no question of inbound tourism resuming in India for at least another next 2 quarters, domestic tourism, however, may revive in the next 3 to 4 months. This means that Tourism unit operators are now facing the possibility of little business for a period of 5 to 6 months with massive fixed costs, low business reserves and a big question mark on their own survival itself.²

It is important to mention here that unlike the industry giants, small companies have little or no cash reserves to survive the delayed repercussions of a Pandemic like Covid-19. It is one thing to go through a slow month and another to drop revenues to '0' whereas the liability part remains intact. The landlords still require rentals, the staff which has worked tooth and nail for the company to grow still needs their salary to feed their families. The utility bills, Bank EMIs, necessity expenses, software costs are very much still due. While the bigger firms can invoke "Force Majeure" and strong arm the vendors to hold up any invoices, a chunk of the industry does not have such negotiating power.

In view of the above and mass scale closure of independent properties with 10 – 15 rooms across Himachal Pradesh. Such business operators will be left with no option but to wind up and look for alternative professions since it's a question of their survival. This would also mean a large- scale erosion of employment opportunities. It is important to note here that this segment employs individuals from varied backgrounds and most of them are without professional degrees or certifications, a lot of staff is constituted of people who have studied till only 8th or 10th standard but have been working with small tourism unit for a long time and have developed their skills and have been trained by tourism unit operator and they may not get employment at other places with the skill set they have.

3. Definitions:

3.1 "Department" means Department of Tourism and Civil Aviation, Himachal Pradesh.

3.2 "Defaulter" means a person who defaults or fails to fulfil an obligation towards outstanding loan of a Bank or a Financial Institution.

3.3 "Dy. Director/DTDO/ATDO" means Deputy Director, Tourism/District Tourism Development Officer/Assistant Tourism Development Officer.

3.4 "Government" means Government of Himachal Pradesh.

3.5 "GST" means Goods and Services Tax.

3.6 "Interest Subvention" means Subsidy or rebate in the rate of interest.

3.7 "MSME" means Micro Small and Medium Enterprises defined by Ministry of MSME Govt. of India.

3.8 "NABARD" means National Bank for Agriculture and Rural Development.

3.9 "Occupancy" means the percentage of all guest rooms in the hotel that are occupied at a given time.

3.10 "RCS" means Registrar Corporative Society, Himachal Pradesh.

3.11 "RBI" means Reserve Bank of India.

3.12 "Tourism Unit" means any establishment proving facilities and services to the tourists and includes hotel, resorts, motels time share units, apartments, house boats, motor caravans, guests houses, yatri niwas, restaurants and bars, amusements parks, theme parks, Travel Agents, water sports centres aero sport centres golf courses, handicraft village complexes, camps river cruises, lake cruise projects light and sound shows adventure Sports complexes, Ropeway projects on Public Private Partnership (PPP), training institutes for adventure sports or tourism industry doing business for a monetary consideration and any these type of establishment as may be notified by the Government from time to time.

3.13 "Tourism Unit Operator" means any person who owns runs or operates a tourism unit and includes a person managing or operating the affairs on behalf of the proprietor.

3.14 "Turnover" means the annual sales volume net of all discounts and taxes is called Turnover.

3.15 "Working Capital Loan" means assistance refers to the capital required for running day to day business, paying workers wages, rents, utility bills, renovation expenses, pending taxes etc.

4. Mode of Interest Subvention on Working Capital Loan:

The Government of HP is introducing a revised scheme for interest subvention on working capital loan for Tourism sector to support business investment and economic growth over the short- term, by providing Loan for working Capital for immediate needs. (Working capital loan essentially refers to the capital required for running day to day business and paying worker wages, rent and utility bills, renovation expenses, pending taxes etc. It is significant aspect for any business entity as it facilitates smooth functioning and efficient asset utilization.)

The eligible beneficiaries under the scheme would include borrowers from the three State Cooperative Banks viz; HP State Co-operative Bank, Kangra Central Co-operative Bank and Jogindra Central Co-operative Bank, Himachal Gramin Bank and from the Commercial Banks.

4.1 Rate of interest:

The rate of interest to be charged will be a maximum of 11% p.a. (on monthly compounded basis) as agreed to.

However, the rate of interest to be charged by the State Cooperative Banks and Himachal Gramin Bank be left to the Financial Institutions based on the re- payment capacity.

In case of commercial Banks, the advancement shall be regulated under the scheme of working capital loan to MSME units as notified by the Govt. of India under the "AATM NIRBHAR BHARAT ABHIYAN".

4.2 Loan Period

The Loan period shall be of 5years (Five years).It shall be repaid in Five years including initially for 2 years (two years) of interest subvention and also includes initial 01 year (one year) of moratorium. Interest subvention will be 75% in Moratorium period and 50% for 2nd year following the moratorium period. In the remaining 3 years, the loanee shall bear the entire interest burden.

5. Period of the Scheme to Avail Working Capital Loan:

The interest subvention scheme on working capital loan can be availed by the registered tourism units of the State of Himachal Pradesh from the date of notification of the scheme and can be availed till 31-03-2022.

6. Eligibility Criteria:

6.1 The working capital loan is intended only for Tourism Units for meeting their daily operational needs enabling them to meet the daily operational expenditure.

6.2 Tourism Unit should be registered with the Department of Tourism and Civil Aviation, HP1087 राजपत्र, हिमाचल प्रदेश, 22 जून, 2021/1 आषाढ़, 1943 6.3 The Tourism Unit must continue to follow the health and cleanliness guidelines prescribed by the Govt. from time to time.

6.4 Tourism Unit should reassure Guests and Employees by intensifying routine maintenance and increasing deep clean measures and do dry runs before start of operations. At the end of such dry runs, the hotels should be able to understand any gaps remaining prior to the full rollout of the hotel. SOP of the Health & Family Welfare, Govt. of India on preventive measures to contain spread of COVID-19 in Hotels and other Hospitality services along with COVID-19 Safety and Hygiene Guidelines for Tourism Sector of Ministry of Tourism should also be adhered strictly.

6.5 Tourism Unit should not be a defaulter/insolvent/blacklisted etc. earlier by any agency. The Borrower shall submit an affidavit to this effect duly signed by an Executive Magistrate.

6.6 Tourism Unit operator must undertake that he/she shall pay the principal amount instalments on a regular basis failing which their interest instalments being paid by the Govt. of the first and second year shall be withheld. This should be in the shape of an Affidavit duly attested by an Executive Magistrate.

6.7 The scheme shall cover registered tourism units.

6.8 The Bank will complete the documentation for working capital loan under the scheme as per the directions of the RBI / NABARD / RCS after the case is sponsored by the concerned Dy. Director/ DTDO/ ATDO.

7. Entitlement under the Scheme:

7.1 The purpose of this scheme for Tourism Unit operators is that, their businesses could be given much easier access to working capital at interest rates lower than the prevailing market rates and with an interest subvention for initial two years. The criteria of eligibility as well as magnitude of financing being provided shall be based on the Unit's GST payment history. The Loan shall be repaid in 05 years (five years), including initial two years of interest subvention and also includes initial one year of moratorium on principal repayment. In the first 1 year (one year) of the repayment of the loan, 75% interest amount will be borne by the Government and in the following 01 year (one year) 50% of the interest amount will be borne by the Government. The remaining 03 years (Three years) interest will be paid by the Borrower himself as per Table -1

7.2 For small registered tourism units upto 20 rooms which are not covered under GST will be eligible under the said scheme @ Rs. 2.00 lakhs per room as per Table -2 listed below.

7.3 The Restaurants are entitled on GST payment history i.e. on the payment of GST paid for the one year ending 1st March 2021 as per Table – 3 listed below.

7.4 The Travel Agents are entitled on the annual turn over for the one year ending 1st March 2021 as per Table – 4 listed below.

Table -2 For Small Registered Tourism Units not covered in Table - 1

Table -3 For Restaurants paying GST for at least one year ending 1st March 2021

Table -4 For Travel Agents on the annual turn over for the one year ending 1st March 2021

8. Procedure:

8.1 The Tourism Unit Operators shall apply for the Working Capital loan to the District Authority of the Department of Tourism & Civil Aviation, HP. The concerned Dy. Director/ DTDO/ ATDO will sponsor the case to the Bank in a prescribed format as per Annexure "A" after due verification of the claim. The Bank will sanction the Working Capital Loan and complete full documentation and codal formalities as per the guidelines of RBI/NABARD/RCS. The Working Capital Loan will operate as a Cash Credit Limit during the first one year. Thereafter, the outstanding balance in the Cash Credit limit at the end of the first one year will be treated as a Term Loan which shall be repayable over the next four years in forty eight equated monthly instalments (EMI's).Copy of the repayment schedule will be supplied by the Bank to the Borrower and to the concerned Dy. Director Tourism/ DTDO/ ATDO.

8.2 Interest subvention shall before first two years. Interest subvention will be 75% in Moratorium period and 50% for another 1 year (one year) following the moratorium period.

8.3 Department will release or reimburse the interest amount to the Bank after ascertaining from the Bank concerned that the Borrower has paid the principal amount.

8.4 In case, the Borrower does not pay the instalment of the principal amount and interest after the first two years, legal action shall be initiated against the Borrower by the Bank as per their laid down procedure.

per their normal operating procedure.

Note .—The text marked with the red colour is suggestions/amendments proposed in the scheme.

ANNEXURE-'A' Performa for the Interest Subvention on Working Capital Loan

Dated:

Signature of the Owner Name & Address of the Owner

Contact No. ________

TRANSPORT DEPARTMENT

NOTIFICATION

Shimla-02, the 17th June, 2021

No. TPT-C(9)-8/2002.—The Governor, Himachal Pradesh in exercise of the powers conferred by sub-section (6) of Section 41 of the Motor Vehicles Act, 1988 (No. 59 of 1988) and all other powers enabling him in this behalf is pleased to allot/release registration marks/number from Serial No. 0001 to 9999 under the Registration mark HP 12P to Registering and Licensing Authority, Nalagarh, District Solan, Himachal Pradesh for registration of motor vehicles with effect from the publication of this notification in the H.P. Rajpatra (Extra Ordinary) in the public interest.

By order,

RAM SUBHAG SINGH, Additional Chief Secretary (Transport).

NOTIFICATION

Shimla-2, the 19th June, 2021

No. TPT-F(1)-1/2020.—The Governor of Himachal Pradesh, in order to support private transport sector business in the State, during Corona pandemic, is pleased to notify the "Scheme for Interest Subvention on Working Capital Loan for Private Stage Carriages Operators" as appended at Annexure-"A", which shall come into force with immediate effect.

By order, Sd/- RAM SUBHAG SINGH, Additional Chief Secretary (Transport).

________

ANNEXURE -"A" Scheme for Interest Subvention on Working Capital Loan for Private Stage Carriage Operators

1. Introduction:

Transport sector has been one of the primary victims of COVID-19. From rickshaw pullers to airlines, all have been affected adversely by the pandemic. Due to lockdown in many countries, the demand for passenger transport has been badly hit. On the one hand there is drastic fall in passenger occupancy, the transport demand is pushed down by social distancing restrictions, on the other hand it is presumed that COVID-19 health related crisis is likely to stay for more months till universal vaccination is achieved and this would have a long-term effect on people's travel behavior.

Citing higher risk of community spread of the virus through public transport, Central and State Governments have issued safety guidelines for public transport operations. With increased restrictions imposed by governments, public and private transport operators have been badly hit resulting drastic fall in public transport usage and Himachal Pradesh being no exception.

The entire country is fighting this extraordinary crisis caused by COVID-19 and only way to contain this crisis is by way of strictly enforcing "social distancing" and the State Government has been imposing lock-downs from time to time to contain the exponential spread of this deadly virus. As per current data, this crisis is likely to continue and it can be presumed that transport business in the State is likely to be affected for at least one year i.e. from June 2021 to March 2022.

2. Need for the Interest Subvention on Working Capital Loan:

Stage Carriage bus operation is severely hit by this crisis because it is the only mode of transport for the common people for their travel needs of long distance and local commutation. All stage carriage bus operations have come to halt for the want of adequate passenger's availability but operator's liability towards, routine repair and maintenance to1091 राजपत्र, हिमाचल प्रदेश, 22 जून, 2021/1 आषाढ़, 1943 keep their fleet operational, bank loan & interest repayments, insurance premiums & taxation etc. remains there. Besides these financial liabilities, bus operators are required to pay salaries to their drivers and conductors for which Government have issued advisories from time to time, even during the lock down. Even otherwise, if the operators do not pay salary or look after the drivers and conductors during this time of crisis, they may find it difficult to engage them after the crisis is over. As per the information available from the field, most of the operators are not paying salaries to their drivers and conductors but are supporting them with food support on case to case basis. In many cases the small operators are not in position to even support them with food.

On the one hand our private stage carriage operators have lost their livelihood, on the other, they have to cater for all mandatory financial liabilities such as; mandatory taxes, necessary maintenance to keep their vehicles roadworthy, Insurance, bank repayments & salaries of their drivers and conductors etc. Under these circumstances, the transport business in the state has been severely hit and operators do not have adequate working capital in their hand to maintain or operate their buses/fleet. Private bus operators; therefore, are required to be supported by way of financial & economic support through interest subsidy linked working capital support.

Appreciating the contribution of Stage Carriages business related entrepreneurs in providing transportation services to the people of State; there is an urgent need to support and enable these entrepreneurs to come out of this unprecedented financial crisis.

3. Definitions:

3.1 "Bus Operator" means any person who owns, runs or operates a private Stage Carriage Bus on any designated route.

3.2 "Department" means Department of Transport, Himachal Pradesh

3.3 "Defaulter" means a person who defaults or fails to fulfill an obligation towards outstanding loan of a Bank or a Financial Institution.

3.4 "Financial Liability" means a committed liability of the operator on account of maintaining and running of bus.

3.5 "Government" means Government of Himachal Pradesh.

3.6 "Interest Subvention" means Subsidy or rebate in the rate of interest.

3.7 "MSME" means Micro Small and Medium Enterprises defined by Ministry of MSME, Govt. of India.

3.8 "NABARD" means National Bank for Agriculture and Rural Development.

3.9 "Occupancy" means the percentage of all passenger in the buses during operation at particular point of time.

3.10. "Passenger Transport" means conventional Public Transport Service which operates on a fixed route and is available to public for a fare.

3.11. "RBI" means Reserve Bank of India.

3.13 "RTO" means Regional Transport Officer.

3.14 "Tax" means the tax levied under the Himachal Pradesh Motor Vehicle Taxation Act, 1972.

3.15 "Working Capital Loan" means assistance refers to the capital required for running day to day business, paying workers wages, pending taxes, maintenance expenses, insurance etc.

4. Mode of Interest Subvention on Working Capital Loan:

The Government of Himachal Pradesh is introducing a scheme for interest subvention on working capital loan for Stage Carriage Operators to support their business investments by providing Loan for working Capital for immediate needs (working capital loan essentially refers to the capital required for meeting mandatory business/operational needs such as; payment of taxes, carrying out necessary maintenance to keep their vehicles roadworthy, payments of Insurance premium, bank loan, interest repayments and salaries of their drivers and conductors etc).

The eligible beneficiaries under the scheme would include borrowers from the State Cooperative Banks viz; HP State Co-operative Bank, Kangra Central Cooperative Bank and Jogindra Central Cooperative Bank, Himachal Grameen Bank and from the Commercial Banks.

4.1 Rate of Interest:

The rate of interest to be charged will be a maximum of 11% p.a. (on monthly compounded basis) as agreed to.

However, the rate of interest to be charged by the State Cooperative Banks and Himachal Gramin Bank be left to the Financial Institutions based on the re-payment capacity.

In case of commercial Banks, the advancement shall be regulated under the scheme of working capital loan to MSME Units as notified by the Govt. of India under the "AATM NIRBHAR BHARAT ABHIYAN".

4.2 Loan Period:

The Loan Period shall be of 5 years (five years). The loan shall be repaid in five years including initial one year of moratorium. Interest subvention will be 75% for first year of Moratorium period and interest for subvention for the next/second year will be 50%. The beneficiary will pay entire interest at his own for the remaining three years.

5. Period of the Scheme to avail Working Capital Loans:

The interest subvention scheme on working capital loan can be availed by the registered private Stage Carriage operators of the State from the date of notification of the scheme and can be availed till 31-3-2022.

6.1 The working capital loan is intended only for private Stage Carriage Operators for meeting their daily operational needs/expenditure viz; payments towards workers wages, taxes, insurance and maintenance of vehicle.

6.2 Stage Carriage bus should be registered with the Department of Transport, HP and having in operation with valid route permit.

6.3 The Bus operator must continue to follow the health and cleanliness guidelines prescribed by the Govt. from time to time.

6.4 The Operator should reassure Passengers and staff by intensifying routine maintenance and increasing deep clean measures before start of operations. SOP of the Health & Family Welfare, Govt. of India on preventive measures to contain spread of COVID- 19 in Public Transport along with COVID-19 Safety and distancing Guidelines of Transport Sector should also be adhered to strictly.

6.5 Operator should not be a defaulter/insolvent/blacklisted etc. earlier by any agency. The Borrower shall submit an affidavit to this effect duly signed by an Executive Magistrate.

6.6 Operator must undertake that he/she shall pay the principal amount installments on a regular basis failing which their interest installments of the first and second year to be paid by the Govt. shall be withheld. This should be in the shape of an Affidavit duly attested by an Executive Magistrate.

6.7 The Scheme shall cover only registered buses operational under valid Stage carriage permit.

6.8 The Bank will complete the documentation for working capital loan under the scheme as per the directions of the RBI/NABARD/RCS after the case is sponsored by the concerned RTO.

7. Entitlement under the Scheme:

7.1 The purpose of this scheme for Stage Carriage operator is that, their businesses could be given much easier access to working capital loan at interest rates lower than the prevailing market rates and with an interest subvention for initial two years. The criteria of eligibility as well as magnitude of financing being provided shall be based on the Tax (Token Tax & Special Road Tax) payment history. The loan shall be repaid in 5 years (five years), including initial one year of moratorium on principal repayment. In the first year, of the repayment of the loan, 75% interest amount will be borne by the Government and in the next one year, 50% of the interest amount will be borne by the Government. The remaining 3 years (three years) interest will be paid by the Borrower himself.

7.2 The working capital loan limit will be Rs. 2.00 lakhs per bus subject to a maximum Rs. 20.00 lakhs per individual/Company/Society.

8. Procedure:

8.1 The Stage Carriage Operators shall apply for the Working Capital loan to the concerned Regional Transport Officer of the Department of Transport, HP. The1094 राजपत्र, हिमाचल प्रदेश, 22 जून, 2021/1 आषाढ़, 1943 concerned RTO will sponsor the case to the bank in a prescribed format as per Appendix 'A' after due verification of the claim. The Bank will sanction the Working Capital Loan and complete full documentation and codal formalities as per the guidelines of RBI/NABARD/RCS. The Working Capital Loan will operate as a Cash Credit Limit during the first year. Thereafter, the outstanding balance in the Cash Credit limit at the end of the first year will be treated as Term Loan which shall be repayable over the next four years through monthly installments (EMI's). Copy of the repayment schedule will be supplied by the Bank to the Borrower and to the concerned RTO.

8.2 Interest subvention shall be 75% for first year and 50% for next (second) year.

8.3 Department will release or reimburse the interest amount to the Bank after ascertaining from the Bank concerned that the Borrower has paid the principal amount.

8.4 In case, the Borrower does not pay the installment of the principal amount and interest as per para 4.2, legal action shall be initiated against the Borrower by the Bank as per their laid down procedure.

8.5 The Bank before advancing any working capital loan would ensure documentation as per their normal operating procedure.

Appendix-A Proforma for Interest Subvention on Working Capital Loan

Date:

Signature of the Owner Name & Address of the Owner

Contact No.

___________

TRANSPORT DEPARTMENT

NOTIFICATION

Shimla-2, the 19th June, 2021

No. TPT-C(9)-1/2016.—The Governor of Himachal Pradesh, in exercise of powers conferred under section 14(3) of Himachal Pradesh Motor Vehicle Taxation Act, 1972, is pleased to allow 50% concession on payable Special Road Tax (SRT) on Stage Carriages for the period 1st August, 2020 to 30th June, 2021.

By order, Sd/- (RAM SUBHAG SINGH), Additional Chief Secretary (Transport).

_________

TRANSPORT DEPARTMENT

NOTIFICATION

Shimla-2, the 19th June, 2021

No. TPT-C(9)-1/2016.—The Governor of Himachal Pradesh, in exercise of powers conferred under section 14(3) of Himachal Pradesh Motor Vehicle Taxation Act, 1972, is pleased to allow 50% concession on payable Token Tax on Stage Carriage, Motor Cab, Maxi Cab, Auto Rickshaws & Institutional buses for the period 1st August, 2020 to 31st March, 2021.

The Governor of Himachal Pradesh, in exercise of powers conferred under section 14(3) of Himachal Pradesh Motor Vehicle Taxation Act, 1972, is further pleased to allow 50% concession on payable Token Tax on Stage Carriages, Contract Carriages and Institutional buses w.e.f. 1st April, 2021 to 30th June, 2021.

By order, Sd/- (RAM SUBHAG SINGH), Additional Chief Secretary (Transport).

I, Vineet Dhulia s/o Shri Pratap Chand V.P.O. Harsi, Tehsil Jaisinghpur, District Kangra- 176091 (H.P.) declare that I have changed my name from Vineet Dhulia to Vineet Thakur. I will be known as Vineet Thakur instead of Vineet Dhulia in furture. All concerned may note.

VINEET DHULIA, s/o Shri Pratap Chand, V.P.O. Harsi, Tehsil Jaisinghpur, District Kangra-176091 (H.P.), नियन्त्रक, मुद्रण तथा लेखन सामग्री, हिमाचल प्रदेश, शिमला-5 द्वारा मुद्रित तथा प्रकाशित इलेक्ट्रॉनिक हस्ताक्षरित राजपत्र, वैबसाइट http://rajpatrahimachal.nic.in पर उपलब्ध है एवम्‌ ऑनलाइन सत्यापित किया जा सकता है