LOC
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.
LOC Issuing Authority shall approach their respective Administrative Department for issuing sanction order authorising them to issue LOC against the balance unspent amount.
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.
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.