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.
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.
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.
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.
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.
The Departments shall process all the files dealing with financial matters, both plan and non-plan, through their Financial Advisors; The Departmental Secretary will exercise the financial powers delegated by Finance Department from time to time, after obtaining advice from the Financial Advisor (FA);
Financial Adviser shall be competent to accord Administrative Approval for the projects/ schemes under 13th Finance Commissions Grants or under Backward Regions Grant Fund (Special).