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# Page 1
Approval of Revised Project Report
About Giving - Ajinkya Yatara Co-operative
Sutagirani Ltd. , Shahunagar-Valse,
T.G. Satara
Government of Maharashtra
Department of Cooperation, Marketing and Textiles
Government Decision Number: Project 1224 / Q. No.91 / Tax 1 (A)
Madam Cama Marg, Martyrdom Rajguru Chowk,
Mantralaya, Mumbai - 400 032.
Date: 9th October, 2024.
Read: -
Government Decision, Cooperation and Textiles Department No.Sutagi-2193 / Q.No.186 / Tax-1,
d. 11.08.1993.
Government Decision, Cooperation and Textiles Department No.Sutagi-1197 / Q.No. 193 / Tax-1,
d. 24.3.1999.
Government Decision, Cooperation and Textiles Department No.Sutagi-1200 / Q.No. 153 / Tax-1,
d. 13.6.2000.
4. Government Decision, Cooperation, Marketing and Textiles Department No.Sutagi-1108 / Q.No.91 / Tax-1 (A),
d. 30.06.2011.
Government Decision, Cooperative Marketing and Textiles Department No. Project-1214 / Q. 24 / Tax-1 (B),
d. 26.11.2014.
6. Government Decision, Co-operative Marketing and Textiles Department No.Sutagi-3316 / Q.No.81 / Tax-1 (A),
d. 10.07.2017.
7. Government Decision, Cooperative Marketing and Textiles Department No. Project-1215 / No.50 / Tax-1 (A),
d. 17.6.2021.
8. Government Decision, Cooperative Marketing and Textiles Department No. Project-1223 / No.8 / Tax-1 (B),
d. 26.7.2023.
Government Decision, Co-operative Marketing and Textiles Department No. Project-1223 / No.8 / Tax-1
(b), d. 11.3.2024.
10. Letter from Commissioner, Textiles, Nagpur No. Works - 6 (1) (Sutagi) / Improved Projects
/ Ajinkyatara Satara / 6195/2024, d. 13.08.2024.
11. Letter of Government, Department of Cooperation, Marketing and Textiles No. Project-1224 / Q.91 / Tax-1 (a),
Date 04.10.2024. (steering committee history)
The Proposal: -
Ajinkyayathara Cooperative Suttagirani Ltd. , Shahunagar-Valse, T.G. Sataraya
The registration of the yarn. 07.12.1989 and its registration number.
The SAT / PRG (A) is 3. The jurisdiction of Suttagirani is Satara in Satara district.
It is limited to the taluk. The date of the government decision 13.12.1996 of the yarning
# Page 2
Government Decision Number: Project 1224 / Q. No.91 / Tax 1 (A)
Inclusion in the Eighth Five-Year Plan and selection for Government funding.
It has come. The government By Government Decision dated 30.06.2011, the Co-operatives of the State
The revised cost of yarn project report is Rs. Fixed as 6174.24 lakh
The government has taken a decision accordingly. Under the 26.11.2014, the government
A project cost of ₹5647.03 lakh has been approved. Project Report
As per the price, the yarn is priced at Rs. Government equity payment of 2541.16 lakhs
has been done.
Project Report of Cooperative Yarns under Government Decision Date 17.06.2021
The project cost of cooperative yarning of Rs. 80.90 crore is Rs. 80.90 fixed as crores
have been approved to do. The government has also decided. Co-workers under 26.07.2023
Project Report of Yarns Rs. 80.90 Fixed in pro-rata manner within the limit of crores
Approval has been given to designate a revised methodology for doing so. Sadar
To amend the Government Decision vide Government Decision dated 11.3.2024
It has come. The Commissioner (Textiles) vide dated 13.08.2024
A proposal to approve the revised project report has been submitted.
The Steering Committee headed by (Textiles) D. Happened on 01.10.2024
The meeting was attended by Ajinkya Yatara Sahakari Suttagirani Ltd. , Shahunagar-Valse, T.G. Satara.
by discussing the price shown in the revised project report of the yarn
Project report worth Rs. 6918.01 lakhs subject to final approval condition
The decision was made. Accordingly, the project report of the refinery has been revised.
The matter was under the consideration of the government.
The Government's Decisions:
Ajinkyayathara Cooperative Suttagirani Ltd. , Shahunagar-Valse, T.G. Satara.
The current rate of Rs. The project cost of the 5647.03 lakh is Rs. 8090.00 million
Priced at Rs. 6918.01 Modified projects worth lakhs of rupees
The price is being approved.
2. The following shall be binding on the assessment.
1. Designing a time bound program for yarn work.
It should be taken and the construction of the yarn should be done accordingly within the prescribed time.
2. Decision-making by the Government. The yarn in the 24.3.1999 is eligible for a refund.
In the condition. The amendment was made by a government decision dated 10.07.2017.
The amendment will be binding on this yarn.
3. Loan from the bank which is going to provide the loan to fund the yarning.
Submit a letter of acceptance.
Page 2 of 4
# Page 3
Government Decision Number: Project 1224 / Q. No.91 / Tax 1 (A)
4. Quarterly with focus on yarn operations and project construction.
The progress report was submitted by the Commissioner (Textiles), Nagpur to the Government in the prescribed statement.
be submitted.
5. The yarn project will stand out as a path-breaking project.
Commissioner Textiles, Nagpur should also take care.
Since the 6.सदर yarns fall under the general category, the government may in the future
Terms / conditions, if applicable, will be binding on this thread.
7. Two on Co-operative Societies in the State vide Gazette dated 17th October, 2016.
The Maharashtra Co-operative Societies Act, 1960 with respect to appointment of Government members.
has been amended and the decision is binding on this thread.
will remain.
3. The ratio of the members' shareholding to the government shareholding of this yarn shall be 1: 9.
The following funds are available as per the revised project report of the yarn mill.
It has to be done.
(Rs. in Lakhs)
-----------------------------------------------------------------------------------------------------------
| A. No. | Detailed | The amount to be set up as per the project cost is Rs. |
| 1 | Shareholding of members (5 per cent) | 345.90 |
| 2 | Government shareholding (45 per cent) | 3113.10 |
| 3 | Long-term debt (50 percent) | 3459.01 |
| Total | 6918.01 |
-----------------------------------------------------------------------------------------------------------
4. The details of the subject-wise provision of the project cost of this yarn are as follows:
Spending by this yarn will remain and within that time, it will be obligatory on the yarn.
(Rs. in Lakhs)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| A. No. | Detailed | According to the original project report approved | Revised Project Report Price as per Government Decision dated 17.6.2021 | Revised cost of project done through Pro-Reta method |
| 1 | Land and Land Reforms | 58.06 | 172.00 | 115.03 |
| 2 | Factory building and other constructions | 884.17 | 1908.38 | 1549.91 |
| 3 | Plant and Machinery | 3082.77 | 4067.30 | 3504.74 |
| 4 | Other Permanent Assets | 748.75 | 911.00 | 813.47 |
| 5 | Stores and Spares | 60.89 | 88.87 | 72.48 |
| 6 | Pre-Operative Expenses | 207.88 | 187.00 | 187.00 |
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Page 3 of 4
# Page 4
Government Decision Number: Project 1224 / Q. No.91 / Tax 1 (A)
7 Margin Money 359.86 411.12 359.86
----------------------------------------------------
| 8 | Contingency | 244.65 | 344.33 | 315.52 |
| Total | 5647.03 | 8090.00 | 6918.01 |
----------------------------------------------------
5. Yarn Rs. The construction of the project should be completed at a cost of 6918.01 lakhs.
The amount of equity payable by the government will be given as per the availability of funds. Project
Expenditure in excess of the price approved for that purpose as above to meet
If so, the excess amount will need to be raised from the self-finance by way of a mortgage. On the project
The extra cost will have to be borne by the yarn itself. as well as purchasing equipment and
The government decided to construct the structure. 15.06.2006 and d. Acceptance according to 28.03.2018
The board of directors of the yarn industry should have strict control over the cost of the yarn industry and
Avoid unnecessary expenses.
The decision was taken by the Government of Maharashtra.
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