INVC,,
Delhi,,
There is a monitoring system in place to check proper utilization of funds by the Maulana Azad Education Foundation . The grants-in-aid sanctioned by the Foundation are released in two installments. Giving this information in written reply to a question in the Rajya Sabha today Shri Salman Khurshid, Minister of Minority Affairs, said that the second installment is released only after utilization certificate for the first release is received. Further, spot inspections are carried out before release of subsequent installments in order to ensure proper utilization of funds for the purpose it was sanctioned.
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