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Panaji, 19th July, 2019 (Asadha 28, 1941)

SERIES I No. 16

Reg. No. G-2/RNP/GOA/32/2018-2020

RNI No. GOAENG/2002/6410

PUBLISHED BY AUTHORITY

GOVERNMENT OF GOA

Department of Education, Art & Culture

Directorate of Education

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Corrigendum

DE/Accts/GEDC-Funds/2018-19/474

Read: Order No. DE/Accts/GEDC-Funds/

/2018-19/1464 dated 19-10-2018.

“Scheme for Creation and Enhancement of

Infrastructure and Overall Development of

Educational Sector in Goa 2018”.

The contents of item No. 5 of above referred

order published in Official Gazette, Series I

No. 30 dated 25-10-2018 be read as:

No. 5. High Power Committee for granting

Approvals and Monitoring:— There shall be

High Powered Committee for Granting

approvals for the proposal and Monitoring the

Scheme, under the chairmanship of Hon’ble

Chief Minister Government of Goa with

following Officials as members:—

(i) Chairman, Goa Education Develop-

ment Corporation.

(ii) Secretary (Finance).

(iii) Secretary (Education).

(iv) Director of Higher Education.

(v) Director of Technical Education.

(vi) Director of Education.

(vii) Additional Secretary (Finance).

(viii) Managing Director GEDC as Member

Secretary.

Suggestions are welcomed on e-mail: dir–[email protected]

EXTRAORDINARY

Rest all other contents of the notification

remains unchanged.

By order and in the name of the

Governor of Goa.

Nagaraj Honnekeri, Director & ex officio

Jt. Secretary (Education).

Porvorim, 19th July, 2019.

———ttt———

Department of Finance

Debt Management Division

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Notification

5-6-2019-Fin(DMU)

Government of Goa hereby notifies the sale

of Goa Government Stock (Securities) of

10-year tenure for an aggregate amount of

Rs. 100.00 crore (Nominal). The sale will be

subject to the terms and conditions spelt out

in this notification (called specific notification)

as also the terms and conditions specified in

the General Notification No. 1-45-2005/Fin

(DMU)/572 dated April 25, 2017 of

Government of Goa.

Object of the Loan

1. (i) The proceeds of the loans will be

utilized for financing capital expenditure

in connection with the development

programmes of the Government of Goa.

OFFICIAL GAZETTE — GOVT. OF GOA

SERIES I No. 16

(EXTRAORDINARY)

19TH JULY, 2019

430

(ii) Consent of Central Government has

been obtained to the floatation of this loan as

required by Article 293(3) of the Constitution

of India.

Method of issue

2. Government stock will be sold through

the Reserve Bank of India, Mumbai Office

(PDO) Fort, Mumbai - 400 001 by auction in

the manner as prescribed in paragraph 6.1

of the General Notification No. 1-45-2005/Fin

(DMU)/572 dated April 25, 2017 at a coupon

rate to be determined by the Reserve Bank

of India at the yield based auction under

multiple price formats.

Allotment to Non-competitive Bidders

3. The Governments stock up to 10% of

the notified amount of the sale will be

allotted to eligible individuals and institutions

subject to a maximum limit of 1% of the

notified amount for a single bid as per the

Revised Scheme for Non-competitive Bidding

Facility in the Auctions of State Government

Securities of the General Notification

(Annexure II).

Place and Date of Auction

4. The auction will be conducted by the

Reserve Bank of India, at its Mumbai Office,

Fort, Mumbai 400 001 on July 23, 2019. Bids

for the auction should be submitted in

electronic format on the Reserve Bank of

India Core Banking Solution (E-Kuber) system

as stated below on July 23, 2019.

(a) The competitive bids shall be

submitted electronically on the Reserve

Bank of India Core Banking Solution

(E-Kuber) system between 10:30 a.m. and

12:00 p.m.

(b) The non-competitive bids shall be

submitted electronically on the Reserve

Bank of India Core Banking Solution

(E-Kuber) system between 10.30 a.m. and

11.30 a.m.

Result of the Auction

5. The result of the auction shall be

displayed by the Reserve Bank of India

on its website on the same day. The

payment by successful bidders will be on

July 24, 2019.

Method of Payment

6. Successful bidders will make payments

on July 24, 2019 before close of banking hours

by means of cash, bankers’ cheque/

/pay order, demand draft payable at Reserve

Bank of India, Mumbai/Mumbai or a cheque

drawn on their account with Reserve Bank

of India, Mumbai (Fort)/Mumbai.

Tenure

7. The stock will be of 10-year tenure. The

tenure of the stock will commence on July

24, 2019.

Date of Repayment

8. The loan will be repaid at par on July

24, 2029.

Rate of Interest

9. The cut-off yield determined at the

auction will be the coupon rate percent per

annum on the stock sold at the auction.

The interest will be paid on January 24 and

July 24.

Eligibility of Securities

10. The investment in Government Stock

will be reckoned as an eligible Investment in

Government Securities by banks for the

purpose of Statutory Liquidity Ratio (SLR)

under section 24 of the Banking Regulation

Act, 1949. The stocks will qualify for the ready

forward facility.

By order and in the name of the Governor

of Goa.

Daulat A. Hawaldar, Secretary (Finance).

Porvorim, 19th July, 2019.

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PRICE – Rs. 2.00

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