Finance

Engagement of Software Personnel in e-Governance Project on Temporary Basis

Engagement of Software Personnel for a project shall be assessed by the concerned HOD/ Directorate in consultation with NIC or IT Department.

Guidelines for Issuing LOC of Deposit Works – Unspent Balance

LOC Issuing Authority shall approach their respective Administrative Department for issuing sanction order authorising them to issue LOC against the balance unspent amount.

Further Measures to Facilitate COSA implementation

A few DDO’s are yet to start generation of salary bills through COSA. They are allowed to submit salary bills in hard copies upto August, 2013.

List of Participating Banks in GRIPS Portal

Regarding online and off-line receipts of Tax and Non-tax Revenue through GRIPS, the Governor is pleased to allow 3 (three) more banks to act as the Participant Bankers.

Posts Exempted from Consultation with PSC, West Bengal

West Bengal Public Service Commission (Exemption from Consultation) Regulations, 2008 is amended to exempt following posts from consultation.

Exemption of Earnest Money and Security Deposit for SSI units

Exemption from payment of Earnest Money and Security Deposit given to Small Scale Industrial (SSI) units under rules 47A(1) and 47B(7) of West Bengal Financial Rules, Volume-I is applicable to supply contracts only and not to works contracts.

Dates of Election declared as Public Holidays, 2013

Governor is pleased to declare Dates of Election as Public Holiday under Negotiable Instruments Act, 1881 for the districts mentioned below:-

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.

Interest Rate on Loans and Advances for 2012-2013

(i) Up to Rs. 50,000/- ………… 6% (ii) Up to Rs. 1,50,000/- ………… 7.5% (iii) Up to Rs. 5,00,000/- ………… 9% (iv) Up to Rs. 7,50,000/- ………… 9.5%

Loans and Advances of State Government for 2012-2013

The period of repayment of working capital loans should preferably be restricted to 2 or 3 years. In no case, however, the period of these loans should exceed 5 years.