Showing posts with label Finance Ministry Order 2013. Show all posts
Showing posts with label Finance Ministry Order 2013. Show all posts

Observance of Austerity Measures imposed by the Ministry of Finance.

GOVERNMENT OF INDIA
MINISTRY OF DEFENCE
ORDNANCE FACTORY BOARD
AYUDH BHAVAN
10-A, SHAHEED KHUDIRAM BOSE ROA
KOLKATA-700101.

No.786/Austerity/A/A
Dated : 24/12/2013
To,
The Sr. General Manager/General Manager/HODs
All Ordnance & Ordnance Equipment Factories

Sub: Observance of Austerity Measures imposed by the Ministry of Finance.
Ref: OFB Circular No.786/Austerity/A/A dated 28/10/13.
Attention of all OFs / Units Is drawn to OFB circular dated 28/10/2013 cited at ref above vide which it was intimated that where sanction for recruitment has been issued by OFB but factory is yet to advertise, the matter may be kept pending till complete clarity is obtained from DDP.

Loans and Advances by the Central Government – Interest rates and other terms and conditions.

F.No.5(3) – B (PD)/2013 
Government of India 
Ministry of Finance 
Department of Economic Affairs

New Delhi, the 12th November, 2013

OFFICE MEMORANDUM

Subject: Loans and Advances by the Central Government  – Interest rates and other terms and conditions.

   Reference this Ministry’s Office Memorandum F.No.5(3) – B (PD) 2012 dated 7thJanuary, 2013 on the captioned subject.

   2. The lending rates prescribed in the aforesaid Office Memorandum have been reviewed. The revised rates of interest applicable from 1st April, 2013 are given in the Table below:

Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to Central Government Employees for the year 2012-13 - Extension of orders to Autonomous Bodies.

F.No.7/22/2008 E-III(A)
Government of India
Ministry of Finance
Department of Expenditure
E III (A) Branch

New Delhi, the 3rd October, 2013.

OFFICE MEMORANDUM

Subject:- Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to Central Government Employees for the year 2012-13 - Extension of orders to Autonomous Bodies.

   Orders have been issued vide this Ministry's Office Memorandum No. 7/24/2007 E-III(A) dated 27th September, 2013 authorizing 30 days emoluments as Non-PLB (Ad-hoc bonus) for the accounting year 2012-13 to the eligible Central Government employees not covered by the Productivity Linked Bonus Schemes, subject to terms and conditions laid down therein.

   2. The undersigned is directed to say that it has now been decided that the Non-PLB (Ad-hoc) bonus so admissible subject to the terms and conditions laid down in the aforesaid orders, may be extended to the employees of autonomous bodies, partly or fully funded by the Central Government which (i) follow the pattern of pay structure and emoluments identical to that of the Central Government and (ii) do not have any bonus or ex-gratia or incentive scheme in operation.

DA Order: Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.7.2013.

No. 1-8/2013-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 25th September, 2013.

OFFICE MEMORANDUM

Subject: Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.7.2013.

   The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1(2)/2013-E-II (B) dated 25th April, 2013 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 80% to 90% with effect from lst JuIy, 2013.

Expenditure Management – Economy Measures and Rationalization of Expenditure.

No.7(2)1E.Coord/2013
Ministry of Finance
Department of Expenditure

New Delhi, the 18th September, 2013

OFFICE MEMORANDUM

Sub: Expenditure Management – Economy Measures and Rationalization of Expenditure.

   Ministry of Finance, Department of Expenditure has been issuing austerity instructions from time to time with a view to containing non- developmental expenditure and releasing additional resources for priority schemes. The last set of instructions was issued on 31st May 2012, 1st November 2012 and 14th November 2012. Such measures are intended at promoting fiscal discipline, without restricting the operational efficiency of the Government. In the context of the current fiscal situation, there is a need to continue to rationalize expenditure and optimize available resources. With this objective, the following measures for fiscal prudence and economy will come into immediate effect:-

2.1 Cut in Non-Plan expenditure:
   For the year 2013-2014, every Ministry/Department shall effect a mandatory 10% cut in non-Plan expenditure excluding interest payment, repayment of debt, Defence capital, salaries, pension and the Finance Commission grants to the States. No re-appropriation of funds to augment the Non-Plan heads of expenditure on which cuts have been imposed, shall be allowed during the current fiscal year.