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Wednesday, November 25, 2009
Friday, November 20, 2009
Austerity drive
at
Friday, November 20, 2009
Posted by
Arvind Khanna
LOK SABHA
Ministry of Finance has advised all Ministries/Departments to effect a mandatory 10% cut in non-plan expenditure on Domestic and Foreign travel expenses, Publications, Professional services, Advertising & Publicity, Office Expenses, POL (except for security related requirement) and other administrative expenses for the year 2009-10. The remaining portion of non-plan expenditure will be subjected to a mandatory 5% cut. Information relating to the amounts saved so far will be available with the Ministries/Departments and their attached/subordinate offices.
Ministries/Departments have full powers for incurring miscellaneous and contingent expenditure and data in regard to purchases is not maintained centrally. Since procurements are done by individual Ministries/Departments, all related complaints are also to be handled by them.
Orders have been issued by DOP&T permitting Ministries/Departments to make purchases of items required for office consumption directly from Kendriya Bhandar/NCCF without calling for quotations or for granting purchase preference to Kendriya Bhandar/NCCFs, depending on the value of procurement.
This information was given by Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Lok Sabha today.
Ministries/Departments have full powers for incurring miscellaneous and contingent expenditure and data in regard to purchases is not maintained centrally. Since procurements are done by individual Ministries/Departments, all related complaints are also to be handled by them.
Orders have been issued by DOP&T permitting Ministries/Departments to make purchases of items required for office consumption directly from Kendriya Bhandar/NCCF without calling for quotations or for granting purchase preference to Kendriya Bhandar/NCCFs, depending on the value of procurement.
This information was given by Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Lok Sabha today.
Wednesday, November 18, 2009
Tuesday, November 17, 2009
Sunday, November 15, 2009
Wednesday, November 11, 2009
Saturday, November 7, 2009
GPF,CONVEYENCE ADVANCE-RATE OF INTEREST 2009-10
at
Saturday, November 07, 2009
Posted by
Arvind Khanna
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