Financial Advisor

Financial Advisor shall render advice to the Additional Chief Secretary/ Principal Secretary/ Secretary/ Special Secretary-in-Charge of the Department on all financial matters including procurement proposals.

Financial Power for according Administrative Approval

Finance

Governor has been pleased to enhance the limit of financial power of the Additional Chief Secretary/ Principal Secretary/ Secretary for administrative approval for any plan expenditure upto Rs. 20.00 Crore.

Nodal Department for Service Matters of Officers of FA Setup

Finance

If FA cluster is attached to only one Department that department will look after the service matters incl. pay and other allowances of the officers and employees of the FA setup.

Creation of New FA Setup and Rearrangement of FA Clusters

Finance

Presently, there are 20 clusters of departments with a FA setup in each such cluster. But recently 21 departments of the Government have been merged to form 10 departments.

Departments should Utilize the FA System

Finance

Administrative departments should mandatorily utilise the FA system within their departments in various matters related with budget management, tender and procurement etc.

Access of MIS Dashboard and Reports of IFMS to FA

Finance

The guidelines for User creation for Financial Advisors at Departmental level with access to view only the MIS dashboard and reports is enclosed herewith.

Manual for Financial Advisors (FA)

Finance

Financial Advisors are mandated to advise the departments on various issues concerning budgetary and fiscal control, financial rules, treasury rules and procurement policy of State.

Measures to Utilize Services of Deptt. Financial Adviser

Finance

The following measures are prescribed to utilize the services of the departmental Financial Adviser system in exercising oversight for the effective functioning and financial management of such organisations.