Regarding Detailed head for consolidated pay or remuneration paid to a contracted person.

Government of West Bengal
Finance Department
Budget Branch

No. 1 – F.B.

 

Kolkata,
The 3rd January, 2011

MEMORANDUM

Sub:- Regarding Detailed head for consolidated pay or remuneration paid to a contracted person.

   It is observed that for making payment of consolidated pay or remuneration to the contracted persons, some departments are treating such payment differently. In some cases it is incurred under detailed / sub-detailed heads “01-01” whereas in some cases it is incurred under detailed head ‘02’ and in the rest cases it is incurred under detailed / sub-detailed head ’31-01’. Such bookings may lead to improper accounting as well as confusion.

   In view of the above circumstances, the undersigned is directed by order of the Governor to say that for general contractual payment, the charge will be debitable to the detailed head “02-Wages”, whereas for payment towards professional and Special Services, the charge will be debitable under '28-Payment of Professional and Special Services-02-Other Charges’ subordinate to concerned major / sub-major / minor / sub-head to avoid further irregularities, with immediate effect.

Sd/-
A. Ahmed
Deputy Secretary.

Source:http://www.wbfin.nic.in/writereaddata/Contractual%20pay.pdf

ECHS Facilities to Ex-Servicemen.

   The Government has sanctioned 426 Polyclinics for Ex- Servicemen Contributory Health Scheme (ECHS). 227 Polyclinics were sanctioned in the year 2002, all of which are functional. Due to increasing ESM population an additional 199 Polyclinics including 17 Mobile Clinics were sanctioned in October 2010, out of which 43 Polyclinics are operational, thus at present 270 Polyclinics are functioning. In addition the Government has sanctioned 15 new Regional Centers to strengthen the ECHS Services, out of which 6 Regional Centers are already functional. As on 1st March, 2012, there are 39,46,898 beneficiaries which include 12,34,069 ex-servicemen and 27,12,829 dependents.

   The ECHS beneficiaries can avail treatment at state Government hospitals/Clinics. The cost of treatment at Government hospitals is reimbursed at the approved rates and 80% advance of the estimated cost of the treatment at Government hospitals/Clinics is admissible to the ECHS beneficiaries.

   At present 1383 Private hospitals/Dental Clinics/Diagnostics Centers and Eye clinics throughout the country are empanelled with ECHS, where the ECHS beneficiaries can avail cashless treatment. In emergency cases, reimbursement is made at approved rates, even for treatment in non-empanelled hospitals.

   This information was given by Minister of State for Defence Dr MM Pallam Raju in written reply to Shri Virender Kashyap and Shri Kuldeep Bishnoi in Lok Sabha today.

PIB

Revision of Interest rates for small savings schemes.

No. 6-1/2011-NS.II (Pt.)
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 26th March, 2012.

OFFICE MEMORANDUM

Sub:- Revision of Interest rates for small savings schemes.

   The undersigned is directed to refer to Ministry of Finance’s O.M. of even number  dated 11th  November, 2011, vide which the various decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), were communicated to all concerned.

   2. One of the decisions of the Government based on the recommendations of the Committee relates to revision of interest rates every financial year, to be notified before 1st  April of that year. Accordingly, the rates of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in in the schemes, shall be as under:

Scheme	Rate of interest w.e.f.1.12.2011	Rate of interest w.e.f.1.4.2012
Saving deposit	4.0	4.0
1 year time deposit	7.7	8.2
2 year time deposit	7.8	8.3
3 year time deposit	8.0	8.4
5 year time deposit	8.3	8.5
5year recurring deposit	8.0	8.4
5year SCSS	9.0	9.3
5year MIS	8.2	8.5
5year NSC	8.4	8.6
10 year NSC	8.7	8.9
PPF	8.6	8.8

3. Necessary notifications, including those requiring amendments to rules of small savings schemes will be notified separately.

4. This has the approval of Finance Minister.

sd/-
(Shaktikanta Das)
Addi. Secretary to the Govt. of India

Source:http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/InterestRate_SmallSaving_26032012.pdf