Delegation of power to grant subsidy

The Government of West Bengal, Finance Department issued 252-FB dated 11/6/2014 for Delegation of power to grant subsidy. This order comes under the Budget category and is published on the official Finance Department portal.

Government of West Bengal
FINANCE (Budget) DEPARTMENT
NABANNA, MANDIRTAlA,HOWRAH-711102

No.: 252-FB Dated 11/6/2014

Memorandum

Government have had under consideration for some time past to delegate certain powers to the Transport Secretary to Government of West Bengal to grant subsidy for payment of salary, pension and retirement benefits in respect of employees of the Transport Corporations till the situations improve for meeting those expenditures out of the income of the Corporations. After careful consideration of the matter in all its aspects, the Governor has now been pleased to empower the Transport Secretary to the Government of West Bengal to grant subsidy for payment of salary, pension and retirement benefits in respect of such employees of the Transport Corporations whose appointments have been made with the approval of the Finance Department, as detailed below.

Name of the CorporationPower to grant subsidy
1) Calcutta State Transport CorporationUp to Rs. 125.00 Crore
2) The Calcutta Tramways Company Ltd.Up to Rs. 125.00 Crore
3) South Bengal State Transport CorporationUp to Rs. 30.00 Crore
4) North Bengal State Transport CorporationUp to Rs. 2.00 Crore
  1. The power delegated herein will remain effective till further orders and this power cannot be re-delegated to any other officer by Transport Secretary.
  2. Every effort should be made to limit the requirement of subsidy within the amounts as per delegation made herein during the current financial year and also to gradual decreasing of the subsidy amount for the subsequent years.

Sd/- H.K. Dwivedi
Principal Secretary to the Government of West Bengal
Finance Department


Vide Memo No.: 252-FB Dated 11/6/2014

  1. Principal Secretary, Transport Department
  2. Principal Accountant General (A&E), West Bengal
  3. Principal Accountant General (G&SSA), West Bengal
  4. Accountant General (RW&LBA), West Bengal
  5. Joint Secretary, Finance Department, Group-R
  6. Joint Secretary, Finance Department, Group-T

(A.R. Chakraborty
OSD & Ex-Officio Secretary
Finance Department

Vide Memo No.: 252-FB Dated 11/6/2014

How to Access the Original Order:

The original PDF of Memo No. 252-FB is available on the West Bengal Finance Department’s official website. You can download it directly from the link below:

FAQs for 252-FB:

Q: What is Memo No. 252-FB?

A: It is a Finance Department notification issued on 11/6/2014 related to the matter of  Delegation of power to grant subsidy, Department of West Bengal.

Q: Which department issued this order?

A: The Finance Department, Government of West Bengal, under the Budget category.

Q: What is described on the order?

A: Delegation of power to grant subsidy.

Q: Where can I find the original document?

A: The original PDF is available at the official Finance Department website: finance.wb.gov.in

 

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