Finance Officers' Feedback and Suggestions

 

Discussed points in the meeting of FOs/FAs held on 11.08.2021. Those who could not attend the meeting can offer their Comments/Suggestions through the form below for finalizing the minutes of meeting.

 

POINTS DISCUSSED IN THE MEETING

1)      All Finance Officers and Financial Assistants have to take necessary actions on strengthening of internal Audit Wing and Revenue generation in their respective institutions.

2) Take active steps for avoiding parking of funds in the institutions.

3) Modification of Government orders (GO(P) 388/1992/Fin dated 6.5.1992) assigning duties and responsibilities of FOs and FAs in the changed scenario of financial transactions of the institutions.

4) Provide training to all FOs and FAs regarding Project Financing, Spark, GeM and various online applications used in Finance Department.

5) Solve the issues of SPARK relating to pay revision arrears of employees on deputation.

6) Avoid posting of FAs & FOs continuously outside Finance Department and may be posted in FD before their retirement.

7) Steps have to be taken to clear idle amount parked in PD Accounts. Huge amount parked in PD Account has to be shifted to revenue account. All FOs/Fas have to follow Government instruction in this regard.

8) Ceiling amount of Local Purchase/ Quotation/Tenders have to be enhanced at par with Store Purchases Manual in consultation with LSGD.

9) Implementation of G SPARK in various boards and corporations.

10) A Whatsup group of FOs and FAs to be created.

11) Charge allowance may be allowed till the officers hold the position. Three months ceiling may be dispensed with.

12) LSGD institution may be allowed to monitor/spend the balance fund of winding up of central projects /schemes in the respective area of operation.

13) Timely furnishing of Confidential Reports to reviewing officers.

14) FOs and FAs have to be given sufficient role in the e-monitoring part of plan funds.

15) A digital platform may be created for project verification through which the objectives, fund requirements , utilization of the project, present stage of the project can be monitored on real time basis.

16) Details of Bank A/Cs and Treasury SB Account to be include in the cash book.

17) Assign Head of Account to refund the amount parked in the Bank Accounts.

18) Unwanted/unwarranted expenses in connection with purchase should be avoided.

19) A channel of interaction with ACS (Finance) may be provided to FOs and FAs.

20) Formulate norms for the purchase of electrical vehicles.

21) Directions may be issued to all Departments/Institutions to route all plan fund proposals and files through FOs/FAs.

22) FOs and FAs have to identify continuation of temporary post even after winding up of plan schemes and report the same to Government at once for urgent action

23) All FOs and FAs have to be participated in the Audit process in their respective institutions.

24) All FOs and FAs have to be taken timely action on the basis of the inspection report of Finance Department.