jkti=] fgekpy izns'k
fgekpy izns'k jkT; 'kklu }kjk izdkf'kr
eaxyokj] 22 twu] 2021@1 vk"kk<+] 1943
fgekpy izns'k ljdkj
jktLo foHkkx
vf/klwpuk
f”keyk&2] 14 twu] 2021
la[;k jktLo&?k@¼,Q½ 4&8@2020 ¼dkaxM+k½-&&fgekpy izns”k ds jkT;iky dh ;g jk; gS fd
mi&rglhy uxjksVk lwfj;ka] ftyk dkaxM+k dk ntkZ c<k+dj rglhy dj fn;k tk, ftldk eq[;ky;
41—jkti=@2021&22&06&2021
¼1079½
1080
jkti=] fgekpy izns'k] 22 twu] 2021@1 vk"kk<+] 1943
uxjksVk lwfj;ka] ftyk dkaxM+k] fgekpy izns”k esa gksxk rkfd utnhd ds xkaoksa ds lEc) yksxksa dks csgrj
lsok,sa miyC/k djokbZ tk lds vkSj ftlls mudks gksus okyh fdlh vlqfo/kk ls fuokfjr fd;k tk lds
rFkk csgrj iz”kklfud fu;a=.k gks lds(
vr% fgekpy izns”k ds jkT;iky] fgekpy izns”k Hkw&jktLo vf/kfu;e] 1954 ¼1954 dk vf/kfu;e
la[;kad 6½ dh /kkjk 6 vkSj jftLVªhdj.k vf/kfu;e] 1908 ¼1908 dk vf/kfu;e la[;kad 16½ dh /kkjk 5
}kjk iznRr “kfDr;ksa dk iz;ksx djrs gq,] fuEufyf[kr iVokj o`Rrksa ls xfBr mi&rglhy uxjksVk lwfj;ka]
ftyk dkaxM+k] fgekpy izns”k dk ntkZ c<+kdj rglhy dk djrs gaS %&
rglhy dk uke
mi&e.My dk
uke
ftyk
eq[;ky;
lfEefyr iVokj o`Ùk
1
2
3
4
5
uxjksVk lwfj;ka
Tokyh
dkaxM+k
uxjksVk lwfj;ka
1- uxjksVk lwfj;ka
2- dVksjk&I
3- dVksjk&II
4- veysyk
5- tMksV
vkns”k }kjk]
deys”k dqekj iar]
iz/kku lfpo ,oa foRrk;qDr ¼jktLo½A
&&&&&&&&
[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:—
1081
jkti=] fgekpy izns'k] 22 twu] 2021@1 vk"kk<+] 1943
Name of the
Tehsil
Name of Sub-
Division
District
Headquarter
Patwar Circles
Included
1
2
3
4
5
Nagrota Surian
Jawali
Kangra
Nagrota Surian
1. Nagrota Surian
2. Katora-I
3. Katora-II
4. Amlela
5. Jadot
By order,
KAMLESH KUMAR PANT,
Principal Secretary-cum-FC (Revenue).
________
jktLo foHkkx
vf/klwpuk
f”keyk&2] 15 twu] 2021
la[;k jktLo&?k@¼,Q½ 4&3@2017&¼dkaxM+k½-&&fgekpy izns”k ds jkT;iky dh ;g jk; gS fd
yksd fgr esa ,slk djuk vko”;d vkSj lehphu gS fd ftyk dkaxM+k] fgekpy izns”k eas mi&rglhy
Bkdqj}kjk l`ftr dh tk,] rkfd utnhd ds xkaoksa ds yksxksa dks csgrj lsok,a miyC/k djokbZ tk lds vkSj
ftlls mudks gksus okyh fdlh vlqfo/kk ls fuokfjr fd;k tk lds rFkk csgrj iz”kklfud fu;U=.k gks
lds(
vr% fgekpy izns”k ds jkT;iky] fgekpy izns”k Hkw&jktLo vf/kfu;e] 1954 ¼1954 dk vf/kfu;e
la[;kad 6½ dh /kkjk 6 vkSj jftLVªhdj.k vf/kfu;e] 1908 ¼1908 dk vf/kfu;e la[;kad 16½ dh /kkjk 5
}kjk iznRr “kfDr;ksa dk iz;ksx djrs gq,] ftyk dkaxM+k] fgekpy izns”k esa rglhy bUnkSjk ds iz”kklfud
fu;a=.k ds v/khu fuEu LrEHk la[;k 6 esa n”kkZ, x, pkj iVokj o`Ùkksa ls xfBr ,d ubZ mi&rglhy
Bkdqj}kjk] ftldk eq[;ky; Bkdqj}kjk esa gksxk] dk rqjUr izHkko ls l`tu djrs gSa %&
mi&rglhy
dk uke
eq[;ky;
orZekur% rglhy
bUnkSjk esa lfEefyr
iVokj o`Ùkksa ds uke
mi&e.My
dk uke
ftyk
ubZ mi&rglhy esa
lfEefyr fd,
tkus okys iVokj
o`Ùk
1
2
3
4
5
6
Bkdqj}kjk
Bkdqj}kjk
1- bUnkSjk
2- dkBx<+
3- latok
4- oMq[kj
5- ?k.Mjka
6- eykgM+h
7- bUniqj
8- nh.kh
9- lqjtiqj
10- pukSj
bUnkSjk
dkaxM+k
1- xBksrk
2- R;ksM+k
3- Bkdqj}kjk
4- eydkuk
1082
jkti=] fgekpy izns'k] 22 twu] 2021@1 vk"kk<+] 1943
11- eyksV
12- MeVky
13- jktk [kklk
14- ?kksMu
15- xBksrk
16- R;ksM+k
17- Bkdqj}kjk
18- eydkuk
vkns”k }kjk]
deys”k dqekj iar]
iz/kku lfpo ,oa foRrk;qDr ¼jktLo½A
&&&&&&&
[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:—
Name of the
Sub-Tehsil
Head
Quarter
Name of Patwar
Circles Presently
included in Indora
Tehsil
Name of
Sub-
Division
District
Patwar Circle to
be included in
new Sub-Tehsil
1
2
3
4
5
6
Thakurdwara Thakurdwara 1. Indora
2. Kathgarh
3. Sanjwa
Indora
Kangra
1. Gathota
2. Tiora
3. Thakurdwara
1083
jkti=] fgekpy izns'k] 22 twu] 2021@1 vk"kk<+] 1943
4. Badukhar
5. Ghandra
6. Malhadi
7. Indpur
8. Deeni
9. Surajpur
10. Chanaur
11. Malot
12. Damtal
13. Raja Khasa
14. Ghodan
15. Gathota
16. Tiora
17. Thakurdwara
18. Malkana
4. Malkana
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).
1084
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Revised Scheme for Interest Subvention on Working Capital Loan for Hospitality Industry
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.
1Corona virus puts up to 50 million Travel and Tourism jobs at risk says WTTC, Press Release,
13th March, 2020
2http://bwhotelier.businessworld.in/article/Impact-of-Covid-19-on-Independent-Budget-Hotel-
Industry-in-India/25-04-2020-190282/
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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.
1086
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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,
HP
1087
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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.
1088
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Table -1 For Tourism Units paying GST for at least one year ending 1st March 2021
Sl.
No.
Average
GST Payment per
Year
Eligibility
Maximum Loan
1.
Upto Rs.1.00 Crore
Triple the average of annual GST
paid during the period of operation
60.00 lakh
2.
Above Rs.1.00 crore and upto
3.00 crore
-do-
90.00 lakh
3.
Above Rs.3.00 crore (Excluding
5 Star Hotels)
-do-
120.00 lakh
Table -2 For Small Registered Tourism Units not covered in Table - 1
Sl. No
Eligibility
Maximum Loan
1.
Rs. 2.00 lakh per room
Rs. 30.00 lakh
Table -3 For Restaurants paying GST for at least one year ending 1st March 2021
S. No.
Eligibility
Maximum Loan
1.
Triple the average of annual GST paid during the
period of operation.
20.00 lakh
Table -4 For Travel Agents on the annual turn over for the one year ending 1st March 2021
S.No.
Eligibility
Maximum Loan
1.
Triple the average of annual Turn over during the
period of operation
15.00 lakh
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.
1089
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8.5
The Bank before advancing any working capital loan would ensure documentation as
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
Sr.No.
Particulars
Details of the Borrower
1
2
3
1.
Name of the Owner
2.
Name of the Establishment/Tourism Unit
3.
Address & Phone No.
4.
Date of Registration of Tourism Unit
5.
No. of Rooms registered
6.
No. of Employees
7.
Details of GST Deposited
2018-19
2019-20
2020-21
8.
Details of Turn over
2018-19
2019-20
2020-21
9.
Details of Occupancy
2018-19
2019-20
2020-21
10.
Name of the Bank obtaining Loan
11.
Working capital loan proposed
12.
Affidavit in respect of non Defaulter
13.
Affidavit in respect of self Guarantee
14.
Affidavit in respect to pay the principal amount
of the loan on regular basis
15.
Affidavit in respect of self/personal guarantee
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).
1090
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TRANSPORT DEPARTMENT
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 to
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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.
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3.12 “RCS” means Registrar Co-operative Society, Himachal Pradesh
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.
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6.
Eligibility Criteria:
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. The
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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
Sr. No
Particulars
Detail of the Borrower
1.
Name of
the Owner/Operator
2.
Address & Phone No.
3.
Number and Detail of Stage Carriage Buses :
3.1
Bus Number
3.2
Model & Make
3.3
Date of Registration
3.4
Number of employees
3.5
Detail of Permit
3.6
Permit Number
3.7
Date of validity
3.8
Name of
Operational Route(s)
4.
Detail of Tax Deposited
4.1
Token Tax
2017-18
2018-19
2019-20
Due Paid
Due Paid Due Paid
4.2
Special Road Tax (SRT)
2017-18
2018-19
2019-20
Due Paid
Due Paid Due Paid
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4.3
Whether defaulter in depositing Token Tax/
SRT
5.
Name of the Bank obtaining Loan
6.
Working Capital loan proposed
7.
Affidavit in respect of non- Defaulter
8.
Affidavit in respect of Self/ Personal
Guarantee
9.
Affidavit in respect to pay the principal amount
of the loan on regular basis
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).
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CHANGE OF NAME
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.),
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