Finance

The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.

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Letter of Credit Monitoring System (LOCMS)

Letter of Credit Monitoring System is On-line authorization and sanction of LOC in order to speedy transfer of fund for timely execution of development works in a transparent way.

Delegation of Financial Power for Office Rent

Financial power of District Magistrate and Head of the Department (other than Commissioner/ Secretary) to sanction Office Rent as Rs. 8,000/- and Rs. 10,000/- for each house per month respectively.

Creation of PPP Cell in Finance Department

Governor is hereby pleased create a Public Private Partnership (PPP) Cell within Budget Branch, Finance Department, Govt. of West Bengal for providing necessary direction and hand-holding support to the Departments sponsoring PPP Projects.

Inclusion of Banks to Handle Govt Transaction

RBI has authorised additional Banks to handle Govt transactions. The State Government Offices and the Autonomous Bodies/ Statutory Corporations may maintain bank account with it.

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