FRIENDS OF NUB GON MONASTERY
2. Recurring Expenditure: This section includes administrative and other programme expenditure that have to be incurred
periodically over the years of the project. The administrative expenses include the salaries of the staff, electricity charges,
auditing fees, telephone charges, conveyance and water charges.
a. Salaries of the staff are calculated for 13months with a 5% increment for each of the three years. The salary for the
13th month will be deposited in the employee provident fund.
b. The costs for the Ration of 20+20 inmates of the old-age home + 10 for the retreat center practitioners + 20 for the
staff and another 10 + 10 for the day timers and/or anyone who comes there. Per head / per day Rs 50/- has been
allocated for the ration. Other than the above all those who request for food would have to pay for it.
c. Electricity charges are calculated for 150 units per month @ Rs.4/-.
d. The Conveyance costs have been calculated as per the number of cars and the number of bikes with an
approximation giving a limit of Rs 3500/- per month for a car and Rs 1500/- per bike + Rs500/- buffer. If is multiplied
for a year and an increment of 5% has been added per year.
e. The expenditure for the telephone charges have been calculated as per the estimates of the monastery's existing guest
house. Rs 3000/- per month per line (2 numbers) with no increment per year.
f. In the village water charges are nominal like Rs 20/- a month or so because of the presence of a dam on the top of
the mountain. But since it remains dry for a long time (Mack of trees) the charges are increasing by the day. Rs500/-
has been allocated per month for the entire project with and increment of 1%.
3. Depreciation: Depreciation of the equipments used in the HH/ DOC is calculated at .5% in the second year and 10% for
the third year. 5% of the amount is deducted from the cost in the first year and ten percent in deducted from the depreciated
value of the equipments in the subsequent year. The depreciation is calculated on all items of the furniture, the 3 computers
and a printer. A sum of Rs. /- has been added as depreciation.
4. Monitoring and Evaluation: Monitoring and Evaluation of the project will be done by FNM and the institutions invited
from outside on a yearly basis. The monitoring mechanism will be extensive surveys and questionnaires given to the
community people and the communities separately to assess the effectiveness of the OPD and the retreat center. A final
evaluation will be done by FNM after the project period of three years to evaluate and renew the funds. it will be an
extensive exercise where external experts will be brought in to assess the programme.
