Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
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 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.
(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%
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.
Governor is pleased to constitute 4th State Finance Commission, West Bengal consisting of Dr. Abhirup Sarkar, Professor Indian Statistical Institute, Kolkata, as the Chairman.
Performance security: 5 percent after lapse of the test performance period/ Defect Liability Period to be fixed by the competent authority of the Department concerned.
4 types of rating in old and 5 types of rating in new Annual Performance Report, deprives many deserving officers be eligible for promotion.
Handing over the charge by an officer whose actual date of superannuation happens to be a holiday but where handing over charge of cash/ stores is involved.
In view of celebration of Jamai Sasthi, all offices under the Govt. of West Bengal shall be closed at 2:00 p.m. on Friday, 14th June, 2013.
The number of years of engagement will be determined as on 01.04.2013. All other terms and conditions will same as in Finance Department’s Memo No. 9008-F(P), dated 16th September, 2011.
Prior permission of the West Bengal Health Scheme Authority will not be required for purchase of Digital Hearing Aid subject to the condition that the maximum reimbursable amount is limited to the rate mentioned under WBHS code No. 03003003.
User Manual for implementation of Letter of Credit Monitoring System (LOCMS) is made available for usage by LOC Issuing Offices and LOC Execution Offices. Training Program on new LOC system will be held at Rotunda of Writers Buildings.
For receiving treatment at Tata Memorial Hospital, Mumbai, prior permission of the West Bengal Health Scheme Authority and referral from recognized Health Care Organization will no longer be necessary.
In old APR grading viz. Very Good, Good, Average and Poor, the maximum attainable rating of performance is 3. However, for the purpose of determining the eligibility for movement of the officers belonging to State Services to the pre-revised Scale No. 19 are using minimum threshold rating of 3.20 mandated as per the new APR format.
West Bengal Services (Secretariat Common Cadres of Deputy Secretaries and Assistant Secretaries) Rules, 1984 shall apply to all Government employees holding in the Secretariat Departments and Offices mentioned in the Schedule the posts borne in the Secretariat Common Cadres formed under rule 4.
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