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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Full Interest Subsidy on Educational Loans

Government of India provides full interest-subsidy on educational loans for students with parental family income less than 4.5 lakh annually for the academic sessions 2009-10 onwards.

Allotment of Plan and Non-Plan Fund upto July 2014

Vote-on-Account Budget of the State Government for the first four months of 2014-2015 has been passed by the West Bengal Legislative Assembly. Copies of the West Bengal Appropriation (Vote-on-Account) Act, 2014 have been forwarded to the Administrative Departments.

Delegation of Power i.c.w. Departmental Approval under RIDF

In all cases the RIDF projects identified for sanction of NABARD are sent to Finance Department for technical examination by its RIDF wing. Considerable time is spent in this process leading to delay in the submission and sanction of projects by NABARD.

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