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| Date | 2024-06-11 |
|---|---|
| Type | Commercial Circular |
| Topic | ticket-checking |
Revised guidelines on financial limits to be observed in determining cases relating to ‘New Service (NS)/New Instrument of Service(NIS)’ the revised limits for'New Service'/'New lnstrument of Service'.
भारत सरकार Government of India रेल मंत्रालय Ministry of Railways (रैलवे बोर्ड Railway Board) No.2002-B-150 New Delhi, dated 11.06.2024 The General Managers, All Zonal Railways & PUs Sub: Revised guidelines on financial limits to be observed in determining cases relating to ‘New Service (NS)/New Instrument of Service(NIS)’ The revised financial limits for determining cases relating to ‘New Service(NS)/New Instrument of Service(NIS)’ issued by Ministry of Finance vide their OM no. No. F.1(22)-B(AC)/2022 dated 23.02.2024 is enclosed herewith for information and necessary action. This supersedes the instructions issued vide Board’s letter of even no. dated 12.02.2007. 2. Accordingly, it has been decided that new works costing Rs.50 crore and above and upto Rs.100 crore will be approved by Ministry of Railways and such new works will require to be reported to the Parliament. Further, works costing = 100 crore and above will be treated as ‘New Service’ and will require prior approval of Parliament. 3. Therefore, the book ‘Works, Machinery & Rolling Stock Programme’ will include all works costing Rs.50 crore and above as itemized works. Works/Machinery/Rolling Stock costing below = 50 crore will be included in the List of Approved Works (LAW Book) published by the Railways/Units. Railways may, therefore, ensure that all approved items of Works/Machinery/Rolling Stock appearing in Pink Book 2024-25 (Interim Budget), which are costing below Rs.50 crore each, are included in LAW Book of the respective Railways. 4, Please acknowledge the receipt. al DA: As above 0३ uel, (Dr. Deepak Sharma) Director Finance (Budget) Railway Board Copy to: 1. PFAs/All Zonal Railways & PUs 2. ADAI(Railway), New Delhi No. F. 1 (22)-B l\cl /2022 Government of lndia Ministry of Fina nce Department of Economic Affairs (Budget Division) OFFICE MEMORANDUM New Delhi, the 23'd February,2024 Subiect: Revised Guidelines on Financial Limits to be observed in determining cases relating to 'New Service'/ 'New instrument of Service'. ln pursuance to the approval by the Public Accounts Committee, vide its One hundred third Report (Seventeenth Lok Sabha) i.2023-24l1, on the proposal for revision of financial limits for determining the cases relating to 'New Service' (NS)/'New lnstrument of Service' (NlS) for re-appropriation of funds, the revised limits and guidelines are hereby conveyed in supersession of this Ministry's Office Memorandum No. F.1(23)-B(AC)/2005 dated 25th May 2006. The extant guidelines are being revised to ensure systemic uniformity, consistency, administrative efficiency and financial discipline by the Mln istries/Departments. Definition of 'New Service'(NS)/'New lnstrument of Service' (N lS): (i) 'New Service': As in Article 115(1)(a) of the Constitution of lndia, it refers to expenditure arising out of a new policy decision, not brought to the notice of Parliament earlier, including a new activity or a new form of investment. (ii) 'New lnstrument of Service': lt refers to relatively large expenditure arising out of important expansion of an existing activity. Applicability of 'New service'/ 'New lnstrument of Service': 2 3 (iii) The revised financial limits are attached as Annexure'4. The limits shall be applicable to all ministries including Ministry of Railways, Ministry of Defence and Department of Post. The nature of transactions under consideration for applicability of the financial limits have been aligned strictly with the bbject head of account'. tt is treated as Primary Unit of Appropriation. This means that the guidelines shall correspond to the original appropriation as available at the level of 15-digit numeric code in respect of civil ministries and/or final unit of appropriation as available in the Detailed Demand for Grants in respect of non-civil ministries, as the case may be. Definitions as indicated in Paragraph 2 above will be the guiding factor while making decision on the applicability of limits of New Service/New lns
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