Procedure for migration of outstanding deposit works/ security deposit account balance from Forest accounts to the books of accounts maintained in the Treasury.
Letter of Credit (LOC) System
New LOC system for on-line authorization and issue of LOC to make transfer of fund faster for timely execution of the developmental works in a transparent manner.
Discontinuation of LOC System – Remittance of Fund
To ensure credit of the amount in the works deposit account opened in the Treasury/ PAO in favour the works/ resource division as the fund was meant for undertaking deposit works.
Discontinuation of LOC System – Procedure for Bulk Purchase
Resource division will procure the materials within the delegated power of the Executive Engineer in charge of the Resource Division concerned. Otherwise sanction from the competent authority shall be necessary.
Discontinuation of LOC System – Further Guidelines
The requisitioning non-works department will provide fund through e-bantan to the authority in the works department, i.e., Chief Engineer, along with administrative approval;
Discontinuation of LOC System – Procedure of Drawal of Fund
A detailed procedure of drawal of fund from the Treasury/ PAO for expenditure related to Works and Forest and its accounting in the respective divisional office and Treasury/ PAO.
Discontinuation of present Letter of Credit (LOC) System
Discontinue the present LOC System for execution of Works and Forest Expenditure and bring the working of the Works and Forest Divisions under the ambit of the Treasury System through allotment of funds w.e.f. 01.04.2015.