Works Programme Brief Overview 2.3.09 . Role of Finance. Financial as well as advisory roles. Advises on all matters involving finances - Projects big and small or - Day-to-day expenditure. Scrutiny from point of view of - Financial prudence and - Financial proprietary.
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Financial as well as advisory roles.
Advises on all matters involving finances
- Projects big and small or
- Day-to-day expenditure.
Scrutiny from point of view of
- Financial prudence and
- Financial proprietary.
Compliance with all the rules, the guidelines issued from time to time by Rly Bd., GM etc and
Compliance with powers delegated under SOP.
Highlighting abut possible unnecessary/avoidable expenditure
Focus on financial viability and the achievability or otherwise of the projected benefits
Scrutiny of Estimates,
Verification of Briefing Notes,
Vetting of Indents, Agreements etc.
Review of financial progress of the works sanctioned vis-à-vis new works proposed.
Scope and type of working of Finance differs from Headquarters to Division mainly depending on the value of works being executed by Construction/Open line Organisation.
Railway Plan Outlay
IRFC, Wagon investment
Subsidy Dividend Relief
(Budgetary Support + Contribution from General Exchequer for SRSF)
plan heads by CPO in consultation with representative of Orgranised Labour 15.06.2007
and ‘Other Railway Users Amenities’ by CCM/PS and CE/PD 29.06.2007
for the selected works by PHOD/HODs to PCE with the concurrence
of FA&CAO. 27.08.2007
(Authority : AM/Budget’s letter
No. F(X)II/2005/WP/1 dated 20.09.2005
addressed to FA&CAOs.)