Claim the second tranche of the ATL : The Atal Tinkering Lab (ATL) initiative, part of the Atal Innovation Mission, offers schools essential funding to foster innovation and creativity. Schools can claim this grant in stages, with the second tranche released once specific criteria are met. If your school is looking to claim the second installment of the ATL grant, this guide outlines the necessary steps, eligibility, and required documents to make the process smooth and hassle-free.
Eligibility Criteria for the Second Tranche
To successfully apply for the second tranche of the ATL grant, your school must meet the following conditions:
- Unspent Balance Under Rs. 40,000:
Ensure the total unspent balance from the first tranche, including capital and operational funds, does not exceed Rs. 40,000. - Update Information on MyATL Dashboard:
Complete and accurate information on the MyATL Dashboard is crucial. Incomplete data will disqualify your school from receiving the second tranche. - DARPAN ID for Private Schools:
Private schools must obtain a DARPAN ID to access the AIM portal. You can get this ID from the trust or NGO managing your school. - Complete Documentation:
Make sure your school has submitted all the necessary documents for compliance.
Documents Required to Claim the Second Tranche
When applying for the second tranche of the ATL grant, you need to submit the following documents. Here’s a step-by-step guide to help you:
1. Utilization Certificate (UC)
- Submit a Utilization Certificate for each financial year, starting from the year your school received the grant.
- Clearly state the amount spent from the capital grant (Rs. 10 lakhs) and the operational grant (Rs. 2 lakhs).
- Ensure that the unspent balance and expenditure match the bank records.
2. Audited Statement of Accounts
- Include an audited statement showing the component-wise breakdown of your expenses.
- Make sure to report capital and operational/maintenance expenditures separately.
3. Interest Return Acknowledgement
- Return any savings interest earned on the grant to the government through the Bharat Kosh portal.
- Upload the receipt generated from Bharat Kosh to the AIM portal.
- If your school operates a current account, provide a declaration on your school letterhead with the account details.
4. PFMS Reports
- Upload the Expenditure, Advance, and Transfer Reports (EAT 02 and EAT 03) along with a Cashbook Summary from the Public Financial Management System (PFMS).
- Ensure the reports are consistent with the UC and Audited Statement of Accounts.
- Submit PFMS reports for all financial years, starting from when the grant was first received.
5. Tax Exemption Declaration
- If your school is exempt from paying income tax, upload a declaration along with the Certificate of Exemption from the Income Tax Department.
- If your school is not exempt, submit a declaration stating that along with a copy of the PAN card of the trust or society managing your school.
Why Timely Compliance Matters
Claiming the second tranche of the ATL grant is easy if you adhere to the guidelines and submit accurate documents. Incomplete or inconsistent documentation could lead to delays in grant disbursement, which might hinder your school’s innovation efforts. For private schools, having a DARPAN ID is essential, and for all schools, regularly updating the MyATL Dashboard is crucial.
Conclusion
claim the second tranche of the ATL: The ATL grant offers schools a valuable opportunity to create an environment that nurtures innovation and creativity among students. By following the steps outlined here, your school can quickly and easily claim the second tranche of funding. Make sure to submit all required documents, update the dashboard, and stay compliant with the program’s requirements.
By doing so, your school will continue to benefit from this initiative, empowering students to develop the skills they need to shape the future.
Disclaimer: The information and required documents mentioned above for projects may vary and change over time. It is crucial to verify the details on the respective websites and contact the relevant individuals before taking any action. Please note that any inaccuracies or discrepancies in the information provided are not the responsibility of the author.
