FINANCIAL OUTLAY
| Towards construction of Ashram Goushala, Ananth Ashram and | 32 lacs | ||
| Ayurvedic / Herbal medicine manufacturing unit | 20 lacs | ||
| 30 lacs | |||
| 280 lacs | |||
| 362 | 3.62 Crores | ||
| Towards construciton and starting of primary school | --- | 2.05 Crores | |
| Towards construction of 150 bed multi specialty hospital with | --- | ||
| modern equipment and acquisition of extra land | 65 Crores | ||
| Towards construction and operation of Ayurvedic / Herbal treatment centre; research centre & college and acquisition or extra land | 25.17 crores | ||
| Towards installing R.O. plant for water purification | 1.5 crores | ||
| Towards construction of women polytechinc and working women hostel and acquisition hostel and acquisition of extra land. | 5 crores | ||
Total |
102.34 crores |
INVESTMENTS:
The Trustees shall invest and keep invested all the trust fund in their hands and/or any part thereof as also the interest or income thereof for the time being in one or more of the modes of investments authorized for investments of trust money by the Indian Trust Act, Bombay Public Trust Act and the Income Tax Act which may be in force.
• The Trustees shall have the powers to acquire immovable or moveable properties for the trust and likewise the power to sell, lease or mortgage or otherwise deal with such properties.
• The Trustees shall be entitled to keep the securities representing the Trust Fund in the name of any two or more of the trustees or in the name of any scheduled bank as they in their absolute discretion think fit and the other trustees shall not be liable or accountable for any loss occasioned by reason of the securities representing the trust standing in the names of other trustees.
• The Trustees shall keep the investments representing the Trust Fund in the safe custody with a scheduled Bank as they in their absolute discretion think fit, and they shall be entitled to give a power of attorney to such bank. The Trustees shall be entitled to pay out of the income of the Trust Fund any amount payable for sage custody and/or collection of dividends and interest and other expenses and it shall be lawful for the trustees to open one or more current and/or saving account in the name of any two or more of the trustees with such bank as they in their absolute discretion think fit with powers to any one of them to operate upon such account. The account of the Trust shall be maintained in the name of “SHRADDHA ASHRAM CHARITABLE TRUST.”
